l9n/ Mississippi

2011 Regular Session

House Bill 1535

Income tax; revise treatment of certain Gulf oil spill related compensation as gross income.

Did not become law. It stopped in the Senate's Finance Committee on March 15, 2011. The 2011 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT IF A TAXPAYER RECEIVED ONE OR MORE QUALIFIED GULF OIL SPILL PAYMENTS DURING THE 2010 CALENDAR YEAR, AND THE AGGREGATE AMOUNT OF THE PAYMENTS WAS AT LEAST TWO HUNDRED PERCENT OF THE AVERAGE AMOUNT OF THE TAXPAYER'S ANNUAL GROSS INCOME FOR THE PREVIOUS THREE YEARS, THEN ONE-THIRD OF THE AMOUNT OF THE PAYMENTS SHALL BE INCLUDED IN THE TAXPAYER'S GROSS INCOME FOR THE 2010 TAXABLE YEAR, ONE-THIRD OF THE AMOUNT OF THE PAYMENTS SHALL BE INCLUDED IN THE TAXPAYER'S GROSS INCOME FOR THE 2011 TAXABLE YEAR AND THE REMAINDER OF THE AMOUNT OF THE PAYMENTS SHALL BE INCLUDED IN THE TAXPAYER'S GROSS INCOME FOR THE 2012 TAXABLE YEAR; TO DEFINE THE TERMS "QUALIFIED GULF OIL SPILL PAYMENT" AND "GULF OIL SPILL" FOR PURPOSES OF THIS ACT; 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

4 co-sponsors

Randall Patterson, Bobby Moak, Brandon Jones, J. P. Compretta

Its course

February 17 to March 15, 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 action7 actions on 5 days

In the House of RepresentativesFeb 17 to Feb 225 days

Ways and MeansFeb 17 to Feb 225 days

In the SenateFeb 22 to Mar 15 · stopped21 days

FinanceFeb 24 to Mar 15 · stopped19 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 Feb 17 – Feb 22

  1. Referred to the House committee on Ways and Means
  2. Reported from committee in the House: title sufficient, do pass as a committee substitute
  3. Committee substitute adopted in the House
  4. Passed the House

In the Senate Feb 23 – Mar 15

  1. Sent to the Senate
  2. Referred to the Senate committee on Finance
  3. Died in committee in the Senate
All 7 actions, as published