Did not become law. It stopped in the House of Representatives's Ways and Means Committee on February 24, 2010. The 2010 session has ended.
2010 Regular Session
House Bill 1588
Income tax; sales of certain interests in certain business entities are gain and include certain dividend income in gross income.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTION 27-7-9, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT SALES OF CERTAIN INTERESTS IN FINANCIAL INSTITUTIONS DOMICILED IN MISSISSIPPI, DOMESTIC CORPORATIONS, DOMESTIC LIMITED PARTNERSHIPS OR DOMESTIC LIMITED LIABILITY COMPANIES SHALL BE RECOGNIZED AS GAIN UNDER THE INCOME TAX LAW OF 1952; TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO INCLUDE WITHIN THE DEFINITION OF GROSS INCOME UNDER THE INCOME TAX LAW OF 1952, INCOME FROM DIVIDENDS THAT HAS ALREADY BORNE A TAX AS DIVIDEND INCOME WHEN THE DIVIDENDS MAY BE SPECIFICALLY IDENTIFIED IN THE POSSESSION OF THE RECIPIENT; TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; 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 House of Representatives
Sponsor
Its course
January 27 to February 24, 2010, 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 action2 actions on 2 days
In the House of RepresentativesJan 27 to Feb 24 · stopped28 days
Ways and MeansJan 27 to Feb 24 · stopped28 days
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 House of Representatives Jan 27 – Feb 24
- Jan 27Referred to the House committee on Ways and Means
- Feb 24Died in committee in the House
All 2 actions, as published
- Jan 27Referred To Ways and MeansHouse of Representatives
- Feb 24Died In CommitteeHouse of Representatives