MS HB1719 | 2010 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on March 19 2010 - 100% progression
Action: 2010-03-19 - Died On Calendar
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on March 19 2010 - 100% progression
Action: 2010-03-19 - Died On Calendar
Text: Latest bill text (Engrossed) [HTML]
Summary
An Act To Create The Mississippi Small Business Investment Company Act; To Provide For An Insurance Premium Tax Credit For Insurance Companies That Invest Designated Capital In Mississippi Small Business Investment Companies For Investment In Qualified Businesses; To Define Certain Terms For The Purposes Of This Act; To Provide That The Amount Of The Credit Shall Be Equal To Eighty Percent Of The Amount Of Designated Capital By A Participating Investor In A Mississippi Small Business Investment Company; To Provide That The Tax Credits Authorized Under This Act Shall Be Allocated By The Mississippi Development Authority And That The Aggregate Amount Of The Tax Credits That May Be Allocated To All Participating Investors Under This Act Cannot Exceed $100,000,000.00; To Provide For The Recapture Of All Or A Portion Of The Credit Under Certain Circumstances; To Amend Section 27-15-129, Mississippi Code Of 1972, To Provide That The Investments That May Reduce A Taxpayer's Insurance Premium Tax Liability Under Such Section Shall Not Include Any Investment For Which A Credit Is Allocated Under This Act; And For Related Purposes.
Title
Mississippi Small Business Investment Company Act; create.
Sponsors
Roll Calls
2010-03-16 - Senate - Senate Passed As Amended (Y: 49 N: 1 NV: 2 Abs: 0) [PASS]
2010-02-24 - House - House Passed (Y: 109 N: 5 NV: 8 Abs: 0) [PASS]
2010-02-24 - House - House Passed (Y: 109 N: 5 NV: 8 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2010-03-19 | Died On Calendar | |
| 2010-03-17 | Returned For Concurrence | |
| 2010-03-16 | Passed As Amended | |
| 2010-03-16 | Amended | |
| 2010-03-11 | Title Suff Do Pass As Amended | |
| 2010-02-26 | Referred To Finance | |
| 2010-02-26 | Transmitted To Senate | |
| 2010-02-24 | Passed | |
| 2010-02-24 | Committee Substitute Adopted | |
| 2010-02-23 | Title Suff Do Pass Comm Sub | |
| 2010-02-23 | Referred To Ways and Means |
