Mississippi Senate Bill 2922 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 23 2022 - 100% progression
Action: 2022-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Create New Section 27-7-5.1, Mississippi Code Of 1972, To Establish The 2022 Mississippi Tax Rebate Fund In The State Treasury; To Provide That Up To $150,000,000.00, Less Administrative Costs, Shall Be Distributed By The Department Of Revenue To Pay Rebates To Taxpayers, Which Monies Are To Be Continuously Appropriated; To Provide That, After Filing A 2021 Mississippi Income Tax Return, Any Taxpayer Who Also Filed A 2020 Mississippi Income Tax Return Shall Receive A One-time, Nontaxable Income Tax Rebate Check In An Amount Approximately Equal To 7-1/2% Of The 2020 Income Tax Amount Due, If Any, Before The Application Of Any Tax Credits, Or $50.00 Per Taxpayer And Each Dependent, Whichever Is More; To Provide A $1,000.00 Rebate Cap Per Taxpayer; And For Related Purposes.

2022 Mississippi Tax Rebate Fund; establish and provide for one-time income tax rebate from.

Sen. Briggs Hopson [R]

Date	Chamber	Action
2022-02-23	Senate	Died In Committee
2022-01-25	Senate	Referred To Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2022/pdf/history/SB/SB2922.xml
Text	https://billstatus.ls.state.ms.us/documents/2022/html/SB/2900-2999/SB2922IN.htm