MS HB575 | 2010 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on February 24 2010 - 100% progression
Action: 2010-02-24 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Create Cultural Products Districts; To Provide Certain Definitions; To Authorize The Division Of Tourism Of The Mississippi Development Authority To Provide Guidelines And Regulations For The Districts; To Provide A Tax Credit For Individual Income Tax Liability For Certain Eligible Costs And Expenses Incurred During The Rehabilitation Of Certain Structures Within A District; To Provide A Tax Credit Against Income And Corporation Franchise Tax For Certain Eligible Costs And Expenses For The Rehabilitation Of Certain Structures In Districts; To Exempt One-of-a-kind Works Of Art From The Sales And Use Taxes If The Art Is Sold Within A District; To Require The Division Of Tourism Of The Mississippi Development Authority To Report To The Legislature Regarding The Overall Impact Of The Sales Tax Exemption; To Amend Section 27-65-111, Mississippi Code Of 1972, To Exempt From Certain Sales Tax The Sale Of Original, One-of-a-kind Works Of Art That Are Sold Within A Cultural Products District; And For Related Purposes.

Tracking Information

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Title

Cultural products district program; create.

Sponsors


History

DateChamberAction
2010-02-24 Died In Committee
2010-01-12 Referred To Tourism;Ways and Means

Mississippi State Sources


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