MS SB2239 | 2019 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on February 27 2019 - 100% progression
Action: 2019-02-27 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Create The Mississippi Agribusiness And Rural Jobs Act; To Provide An Insurance Premium Tax Credit And Income Tax Credit To Rural Investors Upon Making A Capital Investment In A Rural Fund As Certified By The Mississippi Development Authority Under This Act; To Provide The Amount Of The Credit; To Provide That The Tax Credits Authorized Under This Act Shall Be Allocated By The Mississippi Development Authority And That The Amount Of The Credits Authorized Under This Act Shall Not Exceed $100,000,000.00; To Amend Section 27-15-129, Mississippi Code Of 1972, To Provide That The Investments That May Reduce A Taxpayer's Tax Liability Under Such Section Shall Not Include And Investment For Which A Credit Is Allocated Under This Act; And For Related Purposes.

Tracking Information

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Title

Mississippi Agribusiness and Rural Jobs Act; create and provide tax credits for certain investments.

Sponsors


History

DateChamberAction
2019-02-27SenateDied In Committee
2019-01-15SenateReferred To Finance

Mississippi State Sources


Bill Comments

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