MS SB2211 | 2022 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 23 2022 - 100% progression
Action: 2022-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 27-7-5, Mississippi Code Of 1972, To Remove The Provisions That Phase Out, Beginning January 1, 2019, Income Taxation On The First $5,000.00 Of Taxable Income; To Amend Section 27-7-18, Mississippi Code Of 1972, To Remove A Provision That Authorizes A Portion Of The Federal Self-employment Taxes Assessed Against Self-employed Individuals To Be Allowed As An Adjustment To Gross Income Under The State Income Tax Law; To Amend Sections 27-13-5 And 27-13-7, Mississippi Code Of 1972, To Remove The Provisions That Phase Out, Beginning January 1, 2019, The Corporation Franchise Tax; To Repeal Section 5, Chapter 499, Laws Of 2016, Which Repeals The Corporation Franchise Law From And After January 1, 2028; And For Related Purposes.

Tracking Information

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Title

Tax Payer Pay Raise Act; remove phase out of income & franchise tax & remove deduction of federal employment tax.

Sponsors


History

DateChamberAction
2022-02-23SenateDied In Committee
2022-01-13SenateReferred To Finance

Code Citations

ChapterArticleSectionCitation TypeStatute Text
27135Amended CodeSee Bill Text
27137Amended CodeSee Bill Text
27718Amended CodeSee Bill Text
2775Amended CodeSee Bill Text

Mississippi State Sources


Bill Comments

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