As Amended
SEC. 27-31-53. Exemption from taxation of personal property in transit through state.
All personal property in transit through this state which is (1) moving in interstate commerce through or over the territory of the state of Mississippi, or (2) which was consigned or transferred to a licensed "free port warehouse," public or private, within the state of Mississippi for storage in transit to a final destination outside the state of Mississippi, whether specified when transportation begins or afterward, may, in the discretion of the board of supervisors of the county wherein the warehouse or storage facility is located, and in the discretion of the governing authorities of the municipality wherein the warehouse or storage facility is located, as the case may be, and for such period of time as the respective governing body may prescribe, be exempt for all ad valorem taxes imposed by the respective county or municipality and the property exempted therefrom shall not be deemed to have acquired a situs in the State of Mississippi for the purposes of such taxation. Such property shall not be deprived of exemption because while in a warehouse the property is bound, divided, broken in bulk, labeled, relabeled or repackaged.
SOURCES: Codes, 1942, Sec. 9699-02; Laws, 1962, ch. 595, Sec. 2; 1981, ch. 419, Sec. 2, eff from and after January 1, 1982.