MS HB1670 | 2016 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 16 2016 - 100% progression
Action: 2016-03-16 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 16 2016 - 100% progression
Action: 2016-03-16 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Sections 27-13-5 And 27-13-7, Mississippi Code Of 1972, To Provide That For Tax Years Beginning On Or After January 1, 2017, There Shall Be No Corporation Franchise Tax Levied On The Value Of Capital Used, Invested Or Employed By A Corporation In This State; To Repeal, Effective January 1, 2018, Sections 27-13-1 Through 27-13-67, Mississippi Code Of 1972, Which Are The Corporation Franchise Tax Law; And For Related Purposes.
Title
Corporation franchise tax; repeal.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-03-16 | House | Died In Committee |
| 2016-03-08 | House | Referred To Ways and Means |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2016/pdf/history/HB/HB1670.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2016/html/HB/1600-1699/HB1670IN.htm |
