MS HB1519 | 2012 | Regular Session
Status
Sponsorship: Bipartisan Bill
Status: Enrolled on April 17 2012 - 75% progression, died in chamber
Action: 2012-04-17 - Enrolled Bill Signed
Text: Latest bill text (Enrolled) [HTML]
Status: Enrolled on April 17 2012 - 75% progression, died in chamber
Action: 2012-04-17 - Enrolled Bill Signed
Text: Latest bill text (Enrolled) [HTML]
Summary
An Act To Amend Section 27-7-9, Mississippi Code Of 1972, To Provide That, With Respect To A Corporation That Is Making Certain Distributions To A Stockholder, No Gain Shall Be Recognized From Such Distribution Provided The Distribution Is A Part Of A Transaction That Qualifies For Tax-free Treatment Under The Provisions Of Section 355 Or 368 Of The Internal Revenue Code; To Provide That Additionally, With Respect To A Distributing Corporation, No Gain Shall Be Recognized From Such A Distribution Provided The Distribution Is Pursuant To An Overall Plan To Facilitate An Ultimate Distribution That Qualifies For Tax-free Treatment Under The Provisions Of Section 355 Or 368 Of The Internal Revenue Code; And For Related Purposes.
Title
Income tax; certain corporate distributions tax free if they are part of a transaction that qualifies under Section 355, Internal Rev. Code.
Sponsors
Roll Calls
2012-04-11 - House - House Concurred in Amend From Senate (Y: 117 N: 2 NV: 3 Abs: 0) [PASS]
2012-04-05 - Senate - Senate Passed As Amended (Y: 50 N: 1 NV: 1 Abs: 0) [PASS]
2012-03-21 - House - House Passed (Y: 120 N: 0 NV: 2 Abs: 0) [PASS]
2012-04-05 - Senate - Senate Passed As Amended (Y: 50 N: 1 NV: 1 Abs: 0) [PASS]
2012-03-21 - House - House Passed (Y: 120 N: 0 NV: 2 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2012-04-17 | Enrolled Bill Signed | |
| 2012-04-17 | Enrolled Bill Signed | |
| 2012-04-11 | Concurred in Amend From Senate | |
| 2012-04-10 | Returned For Concurrence | |
| 2012-04-05 | Passed As Amended | |
| 2012-04-05 | Amended | |
| 2012-03-27 | Title Suff Do Pass As Amended | |
| 2012-03-26 | Referred To Finance | |
| 2012-03-22 | Transmitted To Senate | |
| 2012-03-21 | Passed | |
| 2012-03-21 | Title Suff Do Pass | |
| 2012-03-01 | Referred To Ways and Means |
