Mississippi House Bill 740 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on June 3 2020 - 100% progression
Action: 2020-06-03 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Authorize An Income Tax Credit For Taxpayers That Employ Persons Who Are Honorably Discharged Veterans Who Served On Active Duty In The Armed Forces Of The United States On Or After September 11, 2001, And Who Have Been Unemployed For Six Consecutive Months Immediately Prior To Being Employed By Such Taxpayers; To Provide The Amount Of The Tax Credit; To Limit The Amount Of The Tax Credit That May Be Claimed In A Taxable Year; To Authorize Any Tax Credit Claimed But Not Used In Any Taxable Year To Be Carried Forward For Five Consecutive Years; To Provide That The Aggregate Amount Of Tax Credits That May Be Awarded Under This Act Shall Not Exceed $1,000,000.00; And For Related Purposes.

Income tax; authorize a credit for taxpayers that employ certain veterans.

Rep. Thomas Reynolds [D]

Date	Chamber	Action
2020-06-03	House	Died In Committee
2020-02-10	House	Referred To Ways and Means

Type	Source
Summary	https://billstatus.ls.state.ms.us/2020/pdf/history/HB/HB0740.xml
Text	https://billstatus.ls.state.ms.us/documents/2020/html/HB/0700-0799/HB0740IN.htm