MS SB2741 | 2018 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 21 2018 - 100% progression
Action: 2018-02-21 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 21 2018 - 100% progression
Action: 2018-02-21 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Section 27-7-22.5, Mississippi Code Of 1972, To Clarify That The Income Tax Credit For Ad Valorem Taxes Paid On Certain Inventory Shall Be The Amount Of Such Ad Valorem Taxes Paid; To Provide That The Amount Of The Tax Credit Used In A Taxable Year Shall Not Exceed The Amount Of Income Taxes Due The State Of Mississippi Attributable To The Location Where The Inventory Is Found; And For Related Purposes.
Title
Income tax; revise credit for ad valorem tax paid on inventory.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-21 | Senate | Died In Committee |
| 2018-01-15 | Senate | Referred To Finance |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2018/pdf/history/SB/SB2741.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2018/html/SB/2700-2799/SB2741IN.htm |
