MS HB1542 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 20-0)
Status: Failed on February 26 2014 - 100% progression
Action: 2014-02-26 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Authorize An Income And/or Franchise Tax Credit Equal To A Certain Amount Of The Cost Of Purchasing Or Leasing And Installing Solar Electric Energy Systems; To Provide That The Credit Shall Apply To All Solar Electric Energy Systems, Whether Purchased Or Leased, Installed On Or After July 1, 2012; To Provide The Manner In Which The Credit May Be Claimed; To Provide That If The Amount Of Credit Claimed By A Taxpayer Exceeds The Amount Of Income And/or Franchise Tax Imposed Upon The Taxpayer For The Taxable Year, Then The Taxpayer Shall Receive A Refund From The Department Of Revenue For The Amount Of Such Excess; To Provide That A Homeowners' Association Or Covenant May Not Prohibit Or Restrict The Installation Of A Solar Electric Energy System, Impose Unreasonable Fees For The Installation Or Discriminate Against A Homeowners' Member For The Installation; To Award Attorney's Fees And Costs To A Person Who Prevails In A Civil Action Against An Association Or Covenant; And For Related Purposes.

Tracking Information

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Title

Income and franchise tax; allow refundable credit for costs of purchasing/leasing & installing solar electric energy system.

Sponsors


History

DateChamberAction
2014-02-26HouseDied In Committee
2014-02-17HouseReferred To Ways and Means

Mississippi State Sources


Bill Comments

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