Mississippi House Bill 1542 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on February 21 2018 - 100% progression
Action: 2018-02-21 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Provide An Income Tax Credit To Employers Who Pay Costs In Connection With A Qualified Wellness Program In The Amount Of 50% Of The Costs Paid In Connection With The Qualified Wellness Program; To Limit The Amount Of The Credit That An Employer May Claim In Any One Taxable Year; To Provide That The Aggregate Amount Of Tax Credits That May Be Awarded Under This Act In Any One Calendar Year Shall Not Exceed $1,000,000.00; To Provide The Components That A Wellness Program Must Have To Qualify For The Credit; To Provide That If The Amount Of The Allowable Credit Exceeds The Income Tax Liability Of The Employer In A Taxable Year, The Amount Of The Excess Shall Not Be Refundable Or Carried Forward To Any Other Taxable Year; To Require The State Department Of Health, Office Of Preventive Health, To Certify Employers' Eligibility For The Credit; To Provide That $30,000.00 Shall Be Appropriated Annually To The Department Of Health, Office Of Preventive Health, To Assist In The Discharge Of The Office's Duties Under This Act; And For Related Purposes.

Income tax; authorize a credit for employers who pay the cost of a qualified wellness program.

Rep. Jeffrey Smith [R]

Date	Chamber	Action
2018-02-21	House	Died In Committee
2018-01-29	House	Referred To Ways and Means

Type	Source
Summary	https://billstatus.ls.state.ms.us/2018/pdf/history/HB/HB1542.xml
Text	https://billstatus.ls.state.ms.us/documents/2018/html/HB/1500-1599/HB1542IN.htm