Mississippi legislation · 2026 Regular Session
Mississippi HB1514: Real estate closing; require certain notices regarding ad valorem taxes.
Status: Failed, February 3, 2026
AN ACT TO PROVIDE THAT BEFORE THE COMPLETION OF ANY REAL ESTATE CLOSING, A PURCHASER MUST BE PROVIDED NOTICE THAT AD VALOREM TAXES ARE DUE ON THE SUBJECT REAL ESTATE UNLESS IT IS EXEMPT FROM AD VALOREM TAXATION, THAT THE PAYMENT OF AD VALOREM TAXES ON THE SUBJECT REAL ESTATE MAY BE IN ARREARS AND THAT THE SUBJECT REAL ESTATE MAY HAVE BEEN SOLD FOR THE NONPAYMENT OF AD VALOREM TAXES; AND FOR RELATED PURPOSES.
What the bill says
An act to provide that before the completion of any real estate closing, a purchaser must be provided notice that ad valorem taxes are due on the subject real estate unless it is exempt from ad valorem taxation, that the payment of ad valorem taxes on the subject real estate may be in arrears and that the subject real estate may have been sold for the nonpayment of ad valorem taxes; and for related purposes.
From the introduced text:
AN ACT TO PROVIDE THAT BEFORE THE COMPLETION OF ANY REAL ESTATE CLOSING, A PURCHASER MUST BE PROVIDED NOTICE THAT AD VALOREM TAXES ARE DUE ON THE SUBJECT REAL ESTATE UNLESS IT IS EXEMPT FROM AD VALOREM TAXATION, THAT THE PAYMENT OF AD VALOREM TAXES ON THE SUBJECT REAL ESTATE MAY BE IN ARREARS AND THAT THE SUBJECT REAL ESTATE MAY HAVE BEEN SOLD FOR THE NONPAYMENT OF AD VALOREM TAXES; AND FOR RELATED PURPOSES. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: SECTION 1. Before the completion of any real estate closing, a purchaser must be provided notice that ad valorem taxes are due on the subject real estate unless it is exempt from ad valorem taxation, that the payment of ad valorem taxes on the subject real estate may be in arrears and that the subject real estate may have been sold for the nonpayment of ad valorem taxes. SECTION 2. This act shall take effect and be in force from and after July 1, 2026. *HR43/R1997* H. B. No. 1514 ~ OFFICIAL ~ G1/2 26/HR43/R1997 require certain PAGE 1 (BS\KP) notices regarding ad valorem taxes.
Sponsors
- Taylor, Cheikh (D, 38) · primary sponsor
Latest actions
- : Died In Committee
- : Referred To Judiciary A
Subjects: Real estate closing
Common questions
- What is HB1514?
- HB1514 is a bill in the Mississippi Legislature (2026 Regular Session): Real estate closing; require certain notices regarding ad valorem taxes.
- What does HB1514 do?
- In its own words: An act to provide that before the completion of any real estate closing, a purchaser must be provided notice that ad valorem taxes are due on the subject real estate unless it is exempt from ad valorem taxation, that the payment of ad valorem taxes on the subject real estate may be in arrears and that the subject real estate may have been sold for the nonpayment of ad valorem taxes; and for related purposes.
- What is the status of HB1514?
- Failed as of February 3, 2026. Latest action: Died In Committee (February 3, 2026).
- Who sponsored HB1514?
- Taylor, Cheikh (D, 38).
- Where is the official record for HB1514?
- On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB1514.xml
Source: official Mississippi record. Tracked by Delilah, AI for legislation across all 50 states and Congress.