Ad valorem taxes; require notice of any unpaid taxes to landowner after deed of trust is satisfied.

HB 1473 requires Mississippi tax collectors to mail written notice to property owners within 90 days after a mortgage or deed of trust is paid off, informing them of any unpaid ad valorem (property) taxes on the property. This directly affects homeowners whose mortgages have been satisfied but may still owe taxes accrued during the mortgage period. The bill amends existing law to mandate this notice, ensuring property owners are aware of tax obligations after their mortgage is released. It does not change tax rates or create new obligations, but clarifies the process for notifying owners about existing tax debts. The notice must be sent after the mortgage satisfaction is recorded, with penalties for failure to comply.