Supreme Court to hear schools’ Chevron tax appeal

by

Published: June 13,2011

Tags: education, energy, gas and oil, manufacturing, petroleum, taxes

PASCAGOULA — The Pascagoula School District will ask the Mississippi Supreme Court to throw out a 2007 state law that requires it to share future tax dollars generated from Chevron facilities with other school districts.

A local judge upheld the constitutionality of the law. The Supreme Court is scheduled to hear the school district’s appeal today in Jackson.

The law requires that property taxes generated from new expansions at Chevron Refinery and liquefied natural gas facilities in Pascagoula would be shared among the Pascagoula, Moss Point, Ocean Springs and Jackson County school districts.

Under the law, Pascagoula receives 29 percent of tax dollars. The other districts would split the remaining 71 percent based on enrollment.

Source: AP

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

Top Posts & Pages