Mississippi Senate Bill 2840 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 14)
Status: Failed on March 17 2015 - 100% progression
Action: 2015-03-17 - Died On Calendar
Text: Latest bill text (Engrossed) [HTML]

An Act To Authorize A Job Tax Credit For Supermarkets Located In Economically Distressed Communities In An Amount Equal To 10% Of The Payroll Of The Supermarket; To Provide That The Amount Of The Credit Taken In Any One Tax Year Shall Be Limited To An Amount Not Greater Than 50% Of The Taxpayer's State Income Tax Liability Attributable To Income Derived From Operations In The State For That Year; To Provide That The Aggregate Amount Of Tax Credits That May Be Awarded Under This Act In Any One Calendar Year Shall Not Exceed $4,000,000.00; To Amend Section 27-65-101, Mississippi Code Of 1972, To Exempt From Sales Taxation Sales Of Materials Used In The Construction Of A Supermarket That Is Located In An Area Designated As An Economically Distressed Community Pursuant To This Act, Or Any Addition Or Improvement Thereon, And Sales Of Any Machinery And Equipment Not Later Than Three Months After The Completion Of Construction Of The Building, Or Any Addition Or Improvement Thereon, To Be Used In The Supermarket; And For Related Purposes.

Income & sales tax; job tax credit for supermarkets in economically distressed communities & sales tax exemption for materials.

Sen. David Blount [D]	Sen. Hillman Frazier [D]	Sen. Sollie Norwood [D]	Sen. John Horhn [D]
Sen. Albert Butler [D]	Sen. Kelvin Butler [D]	Sen. Deborah Dawkins [D]	Sen. Steve Hale [D]
Sen. Robert Jackson [D]	Sen. Sampson Jackson [D]	Sen. Kenneth Jones [D]	Sen. David Jordan [D]
Sen. Derrick Simmons [D]	Sen. Willie Simmons [D]

2015-02-24 - Senate - Senate Passed (Y: 39 N: 12 NV: 1 Abs: 0) [PASS]

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
2015-02-27	House	Referred To Ways and Means
2015-02-26	Senate	Transmitted To House
2015-02-24	Senate	Passed
2015-02-24	Senate	Committee Substitute Adopted
2015-02-24	Senate	Title Suff Do Pass Comm Sub
2015-02-17	Senate	Referred To Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2015/pdf/history/SB/SB2840.xml
Text	https://billstatus.ls.state.ms.us/documents/2015/html/SB/2800-2899/SB2840IN.htm
Text	https://billstatus.ls.state.ms.us/documents/2015/html/SB/2800-2899/SB2840CS.htm
Text	https://billstatus.ls.state.ms.us/documents/2015/html/SB/2800-2899/SB2840PS.htm
Roll Call	https://billstatus.ls.state.ms.us/2015/pdf/votes/senate/0500014.pdf