MS HB107 | 2015 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on February 25 2015 - 100% progression
Action: 2015-02-25 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on February 25 2015 - 100% progression
Action: 2015-02-25 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Section 27-7-17, Mississippi Code Of 1972, To Define The Term "captive Reit" For Purposes Of The State Income Tax Deduction Authorized For Dividend Distributions Made By A Real Estate Investment Trust And To Revise The Application Of The Deduction With Regard To A Captive Reit; To Revise The Definition Of The Terms "intangible Property" And "interest Expenses And Cost" And To Define The Terms "management And Administrative Fees" And "subchapter K Entity" For Purposes Of Restrictions On The Deduction Of Certain Expenses Incurred In Connection With Transactions With Related Members And To Revise Certain Provisions Regarding The Deduction; And For Related Purposes.
Title
Income tax; revise provisions regarding certain business deductions.
Sponsors
| Rep. Cecil Brown [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-02-25 | House | Died In Committee |
| 2015-01-06 | House | Referred To Ways and Means |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2015/pdf/history/HB/HB0107.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2015/html/HB/0100-0199/HB0107IN.htm |
