MS HB1537 | 2012 | Regular Session


Status

May 14 2012 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

An Act To Be Entitled The Mississippi Health Care Industry Zone Act; To Authorize The Mississippi Development Authority To Certify Health Care Industry Zones In Areas That Are Located Within A Five-mile Radius Of Three Contiguous Counties Which Have Certificates Of Need Of More Than 375 Acute Care Hospital Beds Or A County With A Hospital With A Minimum Capital Investment Of $250,000,000.00 For Which Construction Is Completed Before July 1, 2017; To Authorize The Mississippi Development Authority To Certify Health Care Industry Facilities In The Health Care Industry Zone And Certain Businesses As Qualified Businesses Under The Act; To Provide That Such Qualified Businesses Shall Be Eligible For An Accelerated State Income Tax Depreciation Deduction, For Certain Sales Tax Exemptions, For An Ad Valorem Tax Exemption And For A Fee-in-lieu Of Ad Valorem Taxes; To Provide That If The Qualified Business Has Not Created The Requisite Number Of Jobs Required By This Act, The Health Care Industry Zone Certification May Be Revoked By The Mississippi Development Authority After Five Years Have Elapsed From The Effective Date Of Certification; To Provide That A Revocation Under This Section Shall Not Act Retroactively To Remove Any Incentives Granted By This Act; To Amend Section 27-31-101, Mississippi Code Of 1972, To Authorize County Boards Of Supervisors And Municipal Authorities To Grant An Ad Valorem Tax Exemption To Health Care Industry Facilities; To Amend Section 27-31-104, Mississippi Code Of 1972, To Authorize County Boards Of Supervisors And The Governing Authorities Of Municipalities To Grant A Fee-in-lieu Of Ad Valorem Taxes To Qualified Businesses As Defined In This Act That Meet Minimum Criteria Established By The Mississippi Development Authority; To Amend Section 27-65-101, Mississippi Code Of 1972, To Exempt From Sales Taxation Sales Of Materials Used In The Construction Of A Health Care Industry Facility, As Defined In This Act, Or Any Addition Or Improvement Thereon, And Sales Of Any Machinery And Equipment Not Later Than Three Months After The Completion Of Construction Of The Facility, Or Any Addition Thereon, To Be Used In The Facility, To Qualified Businesses, As Defined In This Act; And For Related Purposes.

Tracking Information

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Title

Mississippi Health Care Industry Zone Act; create and provide certain tax incentives for qualified businesses located in.

Sponsors


Roll Calls

2012-04-30 - Senate Conference Report Adopted (Y: 52 N: 0 NV: 0 Abs: 0) [PASS]
2012-04-29 - House Conference Report Adopted (Y: 122 N: 0 NV: 0 Abs: 0) [PASS]
2012-04-17 - Senate Passed As Amended (Y: 51 N: 0 NV: 1 Abs: 0) [PASS]
2012-03-28 - House Passed As Amended (Y: 119 N: 0 NV: 3 Abs: 0) [PASS]

History

DateChamberAction
2012-05-14 Approved by Governor
2012-05-03 Enrolled Bill Signed
2012-05-03 Enrolled Bill Signed
2012-04-30 Conference Report Adopted
2012-04-29 Conference Report Adopted
2012-04-28 Conference Report Filed
2012-04-28 Conference Report Filed
2012-04-28 Conferees Named Fillingane,Flowers,Kirby
2012-04-24 Conferees Named Smith (39th),Rogers (61st),Mayo
2012-04-19 Decline to Concur/Invite Conf
2012-04-19 Returned For Concurrence
2012-04-17 Passed As Amended
2012-04-17 Amended
2012-04-12 Title Suff Do Pass As Amended
2012-04-02 Referred To Finance
2012-03-30 Transmitted To Senate
2012-03-28 Passed As Amended
2012-03-28 Amended
2012-03-27 Read the Third Time
2012-03-27 Title Suff Do Pass
2012-03-12 Referred To Ways and Means

Mississippi State Sources


Bill Comments

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