MS SB2839 | 2015 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 24-0)
Status: Failed on March 17 2015 - 100% progression
Action: 2015-03-17 - Died On Calendar
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Partisan Bill (Republican 24-0)
Status: Failed on March 17 2015 - 100% progression
Action: 2015-03-17 - Died On Calendar
Text: Latest bill text (Engrossed) [HTML]
Summary
An Act To Create The Taxpayer Pay Raise Act Of 2015; To Amend Section 27-7-5, Mississippi Code Of 1972, To Phase Out, Effective Calendar Year 2019, Income Taxation On The First $5,000.00 Of Taxable Income; To Amend Section 27-7-18, Mississippi Code Of 1972, To Provide That A Portion Of The Federal Self-employment Taxes Assessed Against Self-employed Individuals Shall Be Allowed As An Adjustment To Gross Income Under The State Income Tax Law; To Amend Sections 27-13-5 And 27-13-7, Mississippi Code Of 1972, To Phase Out The Corporation Franchise Tax Effective January 1, 2024; To Repeal, Effective January 1, 2024, Sections 27-13-1 Through 27-13-67, Mississippi Code Of 1972, Which Are The Corporation Franchise Tax Law; And For Related Purposes.
Title
Taxpayer Pay Raise Act of 2015; phase out income taxation on first $5,000.00 of taxable income; phase out franchise tax.
Sponsors
Roll Calls
2015-02-24 - Senate - Senate Passed (Y: 38 N: 9 NV: 5 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2015-03-17 | House | Died On Calendar |
| 2015-03-12 | House | Read the Third Time |
| 2015-03-12 | House | Title Suff Do Pass As Amended |
| 2015-03-09 | House | Referred To Ways and Means |
| 2015-02-26 | Senate | Transmitted To House |
| 2015-02-26 | Senate | Motion to Reconsider Tabled |
| 2015-02-25 | Senate | Motion to Reconsider Entered |
| 2015-02-24 | Senate | Passed |
| 2015-02-24 | Senate | Title Suff Do Pass |
| 2015-02-17 | Senate | Referred To Finance |
