Mississippi Senate Bill 2400 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Republican 3)
Status: Failed on March 6 2012 - 100% progression
Action: 2012-03-06 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act Entitled The "mississippi Opportunity Scholarship And Education Improvement Tax Credit Act Of 2012"; To Provide Definitions; To Provide An Opportunity Scholarship Program Under Which Low-income And Middle-income Students In Persistently Low Achieving Schools May Use The State Payments To Their Home School District To Pay Tuition To Attend A Nonresident Public School Or A Participating Private School; To Provide For A 3-year Phase-in Of This Opportunity Scholarship Program; To Provide Standards For The Receipt And Calculation Of Such Scholarships; To Establish An Opportunity Scholarship Fund; To Provide For The Phased-in Reduction Of Adequate Education Fund Payments In Resident School Districts In The Amount Of Such Scholarship Payments; To Establish And Empower An Education Opportunity Board Within The State Department Of Education To Administer The Opportunity Scholarship Program; To Provide For An Optional Local Tuition Grant Program For Such Students; To Provide For A Middle-income Scholarship Program; To Prescribe Limitations And Require Annual Reporting; To Establish An Educational Improvement Tax Credit (eitc) Program Administered By The Mississippi Development Authority To Provide Financial Assistance To Low- And Middle-income Families Seeking Educational Options For Their Children; To Authorize The Income Tax Credit For Business Firms Making Contributions To Qualified Educational Scholarship Organizations, Prekindergarten Scholarship Organizations Or Educational Improvement Organizations And To Provide Standards And Limitations For Such Contributions; To Provide That The Amount Of Such Contributions Are Nontaxable Income To The Recipient; To Amend Section 27-7-17, Mississippi Code Of 1972, To Provide A State Income Tax Deduction For Parents Who Send Their Children Or Dependents To A Private School Or A Homeschool Program; And For Related Purposes.

"Mississippi Opportunity Scholarship and Educational Improvement Tax Credit Act of 2012"; establish.

Sen. Nancy Adams Collins [R]

Sen. Chris McDaniel [R]

Sen. Michael Watson [R]

Date	Chamber	Action
2012-03-06		Died In Committee
2012-02-13		Referred To Education;Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2012/pdf/history/SB/SB2400.xml
Text	https://billstatus.ls.state.ms.us/documents/2012/html/SB/2400-2499/SB2400IN.htm