MS HB1549 | 2012 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 65-30)
Status: Failed on March 28 2012 - 100% progression
Action: 2012-03-28 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Slight Partisan Bill (Republican 65-30)
Status: Failed on March 28 2012 - 100% progression
Action: 2012-03-28 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Be Entitled The Mississippi Health Care Industry Zone Act; To Authorize The Mississippi Development Authority To Certify Health Care Industry Zones In Areas That Are Located Within A Five-mile Radius Of A County Which Has Certificates Of Need Of More Than 375 Acute Care Hospital Beds; To Authorize The Mississippi Development Authority To Certify Health Care Industry Facilities In The Health Care Industry Zone And Certain Businesses As Qualified Businesses Under The Act; To Provide That Such Qualified Businesses Shall Be Eligible For An Accelerated State Income Tax Depreciation Deduction, For Certain Sales Tax Exemptions, For An Ad Valorem Tax Exemption And For A Fee-in-lieu Of Ad Valorem Taxes; To Provide That If The Qualified Business Has Not Created The Requisite Number Of Jobs Required By This Act, The Health Care Industry Zone Certification May Be Revoked By The Mississippi Development Authority After Five Years Have Elapsed From The Effective Date Of Certification; To Provide That A Revocation Under This Section Shall Not Act Retroactively To Remove Any Incentives Granted By This Act; To Amend Section 27-31-101, Mississippi Code Of 1972, To Authorize County Boards Of Supervisors And Municipal Authorities To Grant An Ad Valorem Tax Exemption To Health Care Industry Facilities; To Amend Section 27-31-104, Mississippi Code Of 1972, To Authorize County Boards Of Supervisors And The Governing Authorities Of Municipalities To Grant A Fee-in-lieu Of Ad Valorem Taxes To Qualified Businesses As Defined In This Act That Meet Minimum Criteria Established By The Mississippi Development Authority; To Amend Section 27-65-101, Mississippi Code Of 1972, To Exempt From Sales Taxation Sales Of Materials Used In The Construction Of A Health Care Industry Facility, As Defined In This Act, Or Any Addition Or Improvement Thereon, And Sales Of Any Machinery And Equipment Not Later Than Three Months After The Completion Of Construction Of The Facility, Or Any Addition Thereon, To Be Used In The Facility, To Qualified Businesses, As Defined In This Act; And For Related Purposes.
Title
MS Health Care Industry Zone Act; create and provide certain tax incentives for qualified businesses located in.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-03-28 | Died In Committee | |
| 2012-03-13 | Referred To Ways and Means |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2012/pdf/history/HB/HB1549.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2012/html/HB/1500-1599/HB1549IN.htm |
