MS HB489 | 2026 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on March 17 2026 - 100% progression
Action: 2026-03-17 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on March 17 2026 - 100% progression
Action: 2026-03-17 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
An Act To Amend Section 27-7-15, Mississippi Code Of 1972, To Exclude From The Definition Of "gross Income" For Purposes Of The State Income Tax Law Amounts Received As Payment For Compensation Or Damages For Property Taken By Eminent Domain Or Condemnation As Authorized By Law, Provided That The Purchase Date For The Property Is Not Less Than Five Years Before The Date The Property Is Taken By Eminent Domain Or Condemnation; And For Related Purposes.
Title
Income tax; exclude payment for property taken by eminent domain from gross income.
Sponsors
Roll Calls
2026-02-25 - House - House Passed (Y: 120 N: 0 NV: 2 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2026-03-17 | Senate | Died In Committee |
| 2026-03-04 | Senate | Referred To Finance |
| 2026-02-26 | House | Transmitted To Senate |
| 2026-02-25 | House | Passed |
| 2026-02-24 | House | Title Suff Do Pass |
| 2026-01-12 | House | Referred To Ways and Means |
