MS HB1430 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on March 19 2019 - 100% progression
Action: 2019-03-19 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Bipartisan Bill
Status: Failed on March 19 2019 - 100% progression
Action: 2019-03-19 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
An Act To Create The "endow Mississippi Program" To Promote Philanthropic Investments In Local Community Development Programs By Providing A Tax Credit For Charitable Gifts Made By Taxpayers To Endowed Funds Held By Community Foundations In Mississippi; To Provide That The Tax Credit Shall Be 25% Of A Qualified Contribution To An Endowed Fund At A Qualified Community Foundation Subject To Certain Requirements; To Provide That The Aggregate Amount Of Tax Credits Authorized Under This Act Shall Not Exceed $500,000.00 In Any One Calendar Year; To Provide That From And After January 1, 2024, No Credits May Be Authorized Under This Act; And For Related Purposes.
Title
Income tax; authorize a tax credit for contributions to certain endowed funds held by community foundations.
Sponsors
Roll Calls
2019-02-26 - House - House Passed (Y: 114 N: 2 NV: 2 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2019-03-19 | Senate | Died In Committee |
2019-02-28 | Senate | Referred To Finance |
2019-02-27 | House | Transmitted To Senate |
2019-02-26 | House | Passed |
2019-02-20 | House | Title Suff Do Pass |
2019-01-21 | House | Referred To Ways and Means |