MS SB2771 | 2020 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on June 23 2020 - 100% progression
Action: 2020-06-23 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on June 23 2020 - 100% progression
Action: 2020-06-23 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
An Act To Amend Section 27-7-22.32, Mississippi Code Of 1972, Which Authorizes An Income Tax Credit For Expenses Incurred For The Adoption Of A Child, To Remove The Reverter On The Provision Of Law That Provides That The Maximum Amount Of The Tax Credit Cannot Exceed $5,000.00 For A Child And The Provision That Authorizes An Income Tax Credit For Children Adopted Through The Mississippi Department Of Child Protection Services; To Amend Section 27-7-22.39, Mississippi Code Of 1972, Which Authorizes Income Tax Credits For Voluntary Cash Contributions To Qualifying Charitable Organizations And Qualifying Foster Care Charitable Organizations, To Extend The Date Of The Repealer On Such Section; To Amend Section 27-7-22.41, Mississippi Code Of 1972, To Increase From $5,000,000.00 To $7,500,000.00 The Amount Of The Tax Credit For Voluntary Cash Contributions Made Annually By A Business Enterprise To An Eligible Charitable Organization; And For Related Purposes.
Title
Children's Promise Act; remove reverter and extend repealer on tax credits, and increase certain limits on credits authorized.
Sponsors
Roll Calls
2020-06-03 - Senate - Senate Passed (Y: 52 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2020-06-23 | House | Died In Committee |
| 2020-06-12 | House | Referred To Ways and Means |
| 2020-06-04 | Senate | Transmitted To House |
| 2020-06-03 | Senate | Passed |
| 2020-03-12 | Senate | Tabled Subject To Call |
| 2020-03-12 | Senate | Committee Substitute Adopted |
| 2020-03-03 | Senate | Title Suff Do Pass Comm Sub |
| 2020-02-17 | Senate | Referred To Finance |
