Mississippi House Bill 1545 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on February 26 2025 - 100% progression
Action: 2025-02-26 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Amend Section 57-87-5, Mississippi Code Of 1972, To Amend The Definition Of "equipment Used In The Deployment Of Broadband Technologies" For Purposes Of The Credit Against Income Tax And Corporation Franchise Tax Liability Of Telecommunications Enterprises For Certain Investments, And For Purposes Of The Ad Valorem Tax Exemption For Such Equipment Placed In Service In A Certain Time Period; To Amend Section 57-87-7, Mississippi Code Of 1972, To Specify The Equipment Placed In Service After June 30, 2025, And Before July 1, 2030, That Is Eligible For The Exemption; To Require A Taxpayer To Submit A Certified, Sworn Description Of The Equipment To The Tax Assessor Of The County In Which Such Equipment Is Located, On Or Before April 1 Of The First Assessment Year In Which The Exemption Is Being Claimed; And For Related Purposes.

Mississippi Broadband Technology Development Act; revise equipment definition and speed requirements for certain tax credits and exemptions.

Rep. Brent Powell [R]

Date	Chamber	Action
2025-02-26	House	Died In Committee
2025-01-20	House	Referred To Ways and Means

Chapter	Article	Section	Citation Type	Statute Text
57	87	5	Amended Code	See Bill Text
57	87	7	Amended Code	See Bill Text

Type	Source
Summary	https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB1545.xml
Text	https://billstatus.ls.state.ms.us/documents/2025/html/HB/1500-1599/HB1545IN.htm