Mississippi Senate Bill 2311 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Slight Partisan Bill (Republican 5-2)
Status: Failed on March 6 2012 - 100% progression
Action: 2012-03-06 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Amend Section 27-7-51, Mississippi Code Of 1972, To Provide That If An Examination Of An Income Tax Return By The Department Of Revenue Indicates That A Taxpayer Has Made An Underpayment Of Income Tax And Owes Additional Taxes, The Taxpayer Will Not Be Liable For Additional Taxes Determined To Be Owed Before The Date Of Such Audit If A Previous Examination By The Department Of Revenue Immediately Preceding Such Audit Determined The Taxpayer To Be Properly Paying Income Tax, The Practices Or Circumstances That Indicate The Taxpayer Is Liable For Additional Taxes In The Current Examination Are The Same Practices Or Circumstances Determined To Be Proper In The Previous Examination And The Statutes Providing The Taxpayer's Liability Were Not Changed Since The Most Recent Previous Audit In Such A Manner As To Make The Taxpayer Liable For The Additional Tax; To Amend Section 27-65-37, Mississippi Code Of 1972, To Provide That If An Audit By Department Of Revenue Indicates That A Taxpayer Has Made An Underpayment Of Sales Tax And Owes Additional Taxes, The Taxpayer Will Not Be Liable For Additional Taxes Determined To Be Owed Before The Date Of Such Audit If A Department Of Revenue Audit Immediately Preceding Such Audit Determined The Taxpayer To Be Properly Collecting Sales Tax, The Practices Or Circumstances That Indicate The Taxpayer Is Liable For Additional Taxes In The Current Audit Are The Same Practices Or Circumstances Determined To Be Proper In The Previous Audits And The Statutes Providing The Taxpayer's Liability To Collect Sales Tax Were Not Changed Since The Most Recent Previous Audit In Such A Manner As To Make The Taxpayer Liable For The Additional Tax; And For Related Purposes.

Income and sales tax; limit liability if previous Department of Revenue audit determined taxpayer was in compliance with the law.

Sen. Nancy Adams Collins [R]	Sen. Angela Burks Hill [R]	Sen. Sally Doty [R]	Sen. Steve Hale [D]
Sen. Russell Jolly [D]	Sen. Chris McDaniel [R]	Sen. Sean Tindell [R]

Date	Chamber	Action
2012-03-06		Died In Committee
2012-02-03		Referred To Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2012/pdf/history/SB/SB2311.xml
Text	https://billstatus.ls.state.ms.us/documents/2012/html/SB/2300-2399/SB2311IN.htm