MS SB2988 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on March 27 2024 - 100% progression
Action: 2024-03-27 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on March 27 2024 - 100% progression
Action: 2024-03-27 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Create A New Section In Title 27, Chapter 7, Mississippi Code Of 1972, To Authorize An Income Tax Credit For Voluntary Cash Contributions By Individuals To Habitat For Humanity Mississippi Capital Area; To Limit The Amount Of The Credit; To Allow Excess Amounts Of The Credit To Be Carried Forward For Five Consecutive Years; To Provide That The Credit Authorized By This Act Is In Lieu Of Charitable Deductions Taken Under The Internal Revenue Code And Utilized For State Tax Purposes; To Create A New Section In Title 27, Chapter 7, Mississippi Code Of 1972, To Authorize An Income Tax Credit For Voluntary Cash Contributions By Business Enterprises To Habitat For Humanity Mississippi Capital Area; To Limit The Amount Of The Credit; To Allow Excess Amounts Of The Credit To Be Carried Forward For Five Consecutive Years; To Provide That The Credit Authorized By This Act Is In Lieu Of Charitable Deductions Taken Under The Internal Revenue Code And Utilized For State Tax Purposes; And For Related Purposes.
Title
Income tax; authorize credits for donations to Habitat for Humanity Mississippi Capital Area.
Sponsors
| Sen. John Horhn [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-27 | Senate | Died In Committee |
| 2024-03-08 | Senate | Referred To Finance |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2024/pdf/history/SB/SB2988.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2024/html/SB/2900-2999/SB2988IN.htm |
