l9n/ Mississippi

2011 Regular Session

House Bill 1162

Hotel renovation projects sales tax incentive; authorize for certain projects.

Did not become law. It stopped in the Senate's Finance Committee on March 1, 2011. The 2011 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE AN INCENTIVE FOR PERSONS, CORPORATIONS OR OTHER ENTITIES TO REPAIR AND RENOVATE HOTELS IN THIS STATE; TO CREATE THE HOTEL RENOVATION PROJECTS SALES TAX INCENTIVE FUND; TO AUTHORIZE CERTAIN INCENTIVE PAYMENTS FROM SUCH FUND TO APPROVED PARTICIPANTS, THAT INCUR COSTS TO REPAIR AND RENOVATE HOTELS IN THIS STATE; TO PROVIDE THAT INCENTIVE PAYMENTS SHALL CEASE ON THE OCCURRENCE OF THE EARLIER OF THE DATE THAT AN AGGREGATE AMOUNT OF 20% OF THE APPROVED PROJECT COSTS INCURRED BY AN APPROVED PARTICIPANT FOR A PROJECT HAS BEEN PAID TO THE APPROVED PARTICIPANT OR 10 YEARS AFTER THE DATE OF COMMENCEMENT OF INCENTIVE PAYMENTS TO AN APPROVED PARTICIPANT FOR A PROJECT; TO REQUIRE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO ADMINISTER THE PROGRAM; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT 25% OF THE SALES TAX REVENUE COLLECTED FROM THE OPERATION OF A PROJECT RELATED TO THE RENTAL OF GUEST ROOMS OR SUITES AND CONFERENCE ROOMS SHALL BE DEPOSITED, AFTER CERTAIN DIVERSIONS, INTO THE HOTEL RENOVATION PROJECTS SALES TAX INCENTIVE FUND; 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

2 co-sponsors

D. Stephen Holland, Alex Monsour

Its course

January 17 to March 1, 2011, 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 action11 actions on 7 days

In the House of RepresentativesJan 17 to Feb 1024 days

TourismJan 17 to Jan 269 days

Ways and MeansJan 26 to Feb 16 days

TourismFeb 1 to Feb 10 days

Ways and MeansFeb 1 to Feb 10 days

In the SenateFeb 10 to Mar 1 · stopped19 days

FinanceFeb 14 to Mar 1 · stopped15 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 17 – Feb 10

  1. Jan 17Referred to the House committees on Tourism and on Ways and Means
  2. Jan 26Reported from TO to WM in the House: title sufficient, do pass
  3. Feb 1Reported as a committee substitute from WM to TO in the House: title sufficient, do pass
  4. Reported as a committee substitute from TO to WM in the House: title sufficient, do pass
  5. Reported from committee in the House: title sufficient, do pass as a committee substitute
  6. Feb 9Read the third time in the House
  7. Feb 10Committee substitute adopted in the House
  8. Passed the House

In the Senate Feb 14 – Mar 1

  1. Feb 14Sent to the Senate
  2. Referred to the Senate committee on Finance
  3. Mar 1Died in committee in the Senate
All 11 actions, as published
  1. Jan 17Referred To Tourism;Ways and MeansHouse of Representatives
  2. Jan 26DR - TSDP: TO To WMHouse of Representatives
  3. Feb 1DR - TSDPCS: WM To TOHouse of Representatives
  4. Feb 1DR - TSDPCS: TO To WMHouse of Representatives
  5. Feb 1Title Suff Do Pass Comm SubHouse of Representatives
  6. Feb 9Read the Third TimeHouse of Representatives
  7. Feb 10Committee Substitute AdoptedHouse of Representatives
  8. Feb 10PassedHouse of Representatives
  9. Feb 14Transmitted To SenateHouse of Representatives
  10. Feb 14Referred To FinanceSenate
  11. Mar 1Died In CommitteeSenate