Receipts from taxes for school purposes; bring forward code section related to.

SB 2497 is a procedural bill that relocates Mississippi Code Section 37-57-107 to a new position in the code for potential future amendment. This section establishes a 7% annual limit on increases to school district property tax revenue (based on the prior three years' average), with exceptions for new construction, bond payments, and mandated programs like early childhood education. It also requires school districts to pay charter schools a pro-rata share of local property taxes (excluding bond payments) within three business days of receiving funds. The bill does not change current tax rules but moves the existing law to a new code location. The bill died in committee in February 2026 and was not enacted.