Did not become law. It stopped in the House of Representatives's Ways and Means Committee on February 23, 2011. The 2011 session has ended.
2011 Regular Session
House Bill 634
Historic property tax credit; expand use to franchise tax and insurance premium tax liability, allow refund of excess amount of credit.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTION 27-7-22.31, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE INCOME TAX CREDIT ALLOWED FOR COSTS AND EXPENSES INCURRED IN THE REHABILITATION OF CERTIFIED HISTORIC STRUCTURES TO BE UTILIZED BY A TAXPAYER AGAINST HIS CORPORATION FRANCHISE TAX LIABILITY AND INSURANCE PREMIUM TAX LIABILITY AS WELL AS INCOME TAX LIABILITY; TO PROVIDE THAT IF THE AMOUNT OF THE CREDIT EXCEEDS THE TAXPAYER'S TAX LIABILITY FOR THE YEAR, THE TAXPAYER MAY CLAIM A REFUND IN THE AMOUNT OF 90% OF THE EXCESS TO BE PAID FROM CURRENT TAX COLLECTIONS; TO EXTEND THE REPEAL DATE ON THIS SECTION UNTIL DECEMBER 31, 2014; 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 13 to February 23, 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 action2 actions on 2 days
In the House of RepresentativesJan 13 to Feb 23 · stopped41 days
Ways and MeansJan 13 to Feb 23 · stopped41 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 13 – Feb 23
- Jan 13Referred to the House committee on Ways and Means
- Feb 23Died in committee in the House
All 2 actions, as published
- Jan 13Referred To Ways and MeansHouse of Representatives
- Feb 23Died In CommitteeHouse of Representatives