MS HB612 | 2012 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
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 Amend Section 27-7-17, Mississippi Code Of 1972, To Define The Term "captive Reit" For Purposes Of The State Income Tax Deduction Authorized For Dividend Distributions Made By A Real Estate Investment Trust And To Revise The Application Of The Deduction With Regard To A Captive Reit; To Revise The Definition Of The Terms "intangible Property" And "interest Expenses And Cost" And To Define The Terms "management And Administrative Fees" And "subchapter K Entity" For Purposes Of Restrictions On The Deduction Of Certain Expenses Incurred In Connection With Transactions With Related Members And To Revise Certain Provisions Regarding The Deduction; And For Related Purposes.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Income tax; revise provisions regarding certain business deductions.

Sponsors


History

DateChamberAction
2012-03-28 Died In Committee
2012-02-17 Referred To Ways and Means

Mississippi State Sources


Bill Comments

feedback