MS SB2297 | 2020 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on June 3 2020 - 100% progression
Action: 2020-06-03 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on June 3 2020 - 100% progression
Action: 2020-06-03 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Section 27-65-201, Mississippi Code Of 1972, To Exempt From Sales Taxation Transfers Of Motor Vehicle Titles Between A Trustee And A Beneficiary Of A Trust, Between A Corporation And One Of Its Shareholders In A Transaction Qualifying For Nonrecognition Of Gain Or Loss Pursuant To Section 351 Of The Internal Revenue Code, And Between A Partnership Or Limited Liability Company And One Of Its Partners Or Owners; To Require That Such Transfers Be Evidenced By An Affidavit Prepared By The Department Of Revenue And Signed By The Transferor; And For Related Purposes.
Title
Sales tax; exempt motor vehicle transfers to and from trusts, corporations, partnerships and limited liability companies.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-06-03 | Senate | Died In Committee |
| 2020-02-07 | Senate | Referred To Finance |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2020/pdf/history/SB/SB2297.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2020/html/SB/2200-2299/SB2297IN.htm |
