JACKSON, Miss. (AP) - The Mississippi Supreme Court has declined to reconsider a ruling that Humphreys County used the wrong method to determine property taxes on so-called Section 42 housing for low-income residents.
The justices in the October 2013 decision ordered Humphreys County to reimburse taxes collected since 2006. The ruling applied statewide.
More than a dozen other counties, the Department of Revenue and the Mississippi Association of Supervisors jointly asked the Supreme Court to revisit the case. They say 14 counties are affected by the ruling.
The court denied the motion Thursday.
At issue was whether the federal tax credits developers receive should be included when tax assessors calculate the developments' property taxes.
The Supreme Court unanimously ruled the credits are exempt and ordered counties that have over-collected to issue refunds.
Information from: The Clarion-Ledger, http://ift.tt/GIU16h
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