# Mississippi SB 2995: Ad valorem taxes; authorize local governments to grant exemptions for raw materials and work in progress inventory.

Mississippi SB 2995, Ad valorem taxes; authorize local governments to grant exemptions for raw materials and work in progress inventory., is a 2025 Regular Session Senate bill sponsored by Parker; status failed, last action 2025-03-18 (Died In Committee) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/MS-SB2995-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Mississippi SB 2995
- State: Mississippi
- Session: 2025 Regular Session
- Title: Ad valorem taxes; authorize local governments to grant exemptions for raw materials and work in progress inventory.
- Status: failed
- Chamber: Senate
- Introduced: 2025-02-12
- Last action: 2025-03-18, Died In Committee
- Sponsor: Parker
- Cosponsors: 0
- Subjects: Ways and Means, Accountability, Efficiency, Transparency, Finance
- Touches household money: no
- Roll calls: 1 (44 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Parker

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-02-26 | Senate | Passed As Amended | pass | 44 | 0 | 7 |

## Actions (7)

- 2025-03-18: Died In Committee (House)
- 2025-03-03: Referred To Ways and Means;Accountability, Efficiency, Transparency (House)
- 2025-02-28: Transmitted To House (Senate)
- 2025-02-26: Passed As Amended (Senate)
- 2025-02-26: Amended (Senate)
- 2025-02-20: Title Suff Do Pass (Senate)
- 2025-02-12: Referred To Finance (Senate)

## Bill text

- Amendment No 1 (Adopted): [HTML](https://billstatus.ls.state.ms.us/documents/2025/html/sam/SB2995_S_Amend_01.htm), [PDF](https://billstatus.ls.state.ms.us/documents/2025/pdf/sam/SB2995_S_Amend_01.pdf)
- As Introduced: [HTML](https://billstatus.ls.state.ms.us/documents/2025/html/SB/2900-2999/SB2995IN.htm), [PDF](https://billstatus.ls.state.ms.us/documents/2025/pdf/SB/2900-2999/SB2995IN.pdf)
- As Passed: [HTML](https://billstatus.ls.state.ms.us/documents/2025/html/SB/2900-2999/SB2995PS.htm), [PDF](https://billstatus.ls.state.ms.us/documents/2025/pdf/SB/2900-2999/SB2995PS.pdf)

## Related bills

- SB 2517: "MS Intercollegiate Athletics Compensation Rights Act" and "Uniform Athletes Agent Act"; bring forward. (signed)
- HB 856: Pharmacy Practice Act; extend repealer on and make various changes to. (signed)
- HB 1341: MS Health Care Industry Zone Act; extend repealer on act and related tax incentives. (signed)
- HB 958: Department of Information Technology Services; revise certain provisions relating to acquisition of technology services. (signed)
- HB 913: Meat labeling; require accurate labeling of meat and nonmeat products by processors, retail and food establishment prior to final sale. (signed)
- HB 920: Distinctive motor vehicle license tag; authorize for supporters of various organizations. (signed)

## Sources
- [Amendment No 1 (Adopted) (HTML)](https://billstatus.ls.state.ms.us/documents/2025/html/sam/SB2995_S_Amend_01.htm)
- [Amendment No 1 (Adopted) (PDF)](https://billstatus.ls.state.ms.us/documents/2025/pdf/sam/SB2995_S_Amend_01.pdf)
- [As Introduced (HTML)](https://billstatus.ls.state.ms.us/documents/2025/html/SB/2900-2999/SB2995IN.htm)
- [As Introduced (PDF)](https://billstatus.ls.state.ms.us/documents/2025/pdf/SB/2900-2999/SB2995IN.pdf)
- [As Passed (HTML)](https://billstatus.ls.state.ms.us/documents/2025/html/SB/2900-2999/SB2995PS.htm)
- [As Passed (PDF)](https://billstatus.ls.state.ms.us/documents/2025/pdf/SB/2900-2999/SB2995PS.pdf)

## Related
- [SB 2517: "MS Intercollegiate Athletics Compensation Rights Act" and "Uniform Athletes Ag…](https://policyrisk.com/state-bill/MS-SB2517-2025)
- [HB 856: Pharmacy Practice Act; extend repealer on and make various changes to.](https://policyrisk.com/state-bill/MS-HB856-2025)
- [HB 1341: MS Health Care Industry Zone Act; extend repealer on act and related tax incent…](https://policyrisk.com/state-bill/MS-HB1341-2025)
- [HB 958: Department of Information Technology Services; revise certain provisions relati…](https://policyrisk.com/state-bill/MS-HB958-2025)
- [HB 913: Meat labeling; require accurate labeling of meat and nonmeat products by proces…](https://policyrisk.com/state-bill/MS-HB913-2025)
- [HB 920: Distinctive motor vehicle license tag; authorize for supporters of various orga…](https://policyrisk.com/state-bill/MS-HB920-2025)
- [Mississippi bills](https://policyrisk.com/states/mississippi/bills)
- [Mississippi state hub](https://policyrisk.com/states/mississippi)
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Source: PRIA, https://policyrisk.com/state-bill/MS-SB2995-2025 (as of 2026-10-17).