l9n/ Mississippi

2009 Regular Session

Senate Bill 3143

Income tax; net operating losses may be carried forward 22 years and may not be carried back.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on March 3, 2009. The 2009 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT FOR STATE INCOME TAX PURPOSES, FOR TAXABLE YEARS BEGINNING AFTER DECEMBER 31, 2008, NET OPERATING LOSSES OF BUSINESSES SHALL BE A NET OPERATING LOSS CARRYOVER TO EACH OF THE 22 YEARS FOLLOWING THE TAXABLE YEAR OF THE LOSS; TO PROVIDE THAT THERE SHALL NOT BE A NET OPERATING LOSS CARRYBACK TO ANY YEAR PRECEDING THE TAXABLE YEAR OF THE LOSS; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

1 co-sponsor

Robert L. Jackson

Its course

January 19 to March 3, 2009, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action7 actions on 6 days

In the SenateJan 19 to Feb 618 days

FinanceJan 19 to Jan 2910 days

In the House of RepresentativesFeb 6 to Mar 3 · stopped25 days

Ways and MeansFeb 11 to Mar 3 · stopped20 days

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Feb 6

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the Senate Jan 19 – Feb 6

  1. Jan 19Referred to the Senate committee on Finance
  2. Jan 29Reported from committee in the Senate: title sufficient, do pass as amended
  3. Feb 6Amended in the Senate
  4. Passed the Senate as amended

In the House of Representatives Feb 10 – Mar 3

  1. Feb 10Sent to the House
  2. Feb 11Referred to the House committee on Ways and Means
  3. Mar 3Died in committee in the House
All 7 actions, as published
  1. Jan 19Referred To FinanceSenate
  2. Jan 29Title Suff Do Pass As AmendedSenate
  3. Feb 6AmendedSenate
  4. Feb 6Passed As AmendedSenate
  5. Feb 10Transmitted To HouseSenate
  6. Feb 11Referred To Ways and MeansHouse of Representatives
  7. Mar 3Died In CommitteeHouse of Representatives