Did not become law. It stopped in the Senate's Finance Committee on February 23, 2011. The 2011 session has ended.
2011 Regular Session
Senate Bill 2417
Franchise tax; base the levy on retained earnings employed in this state.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTIONS 27-13-5 AND 27-13-7, MISSISSIPPI CODE OF 1972, TO REVISE THE FRANCHISE TAX LEVY TO PROVIDE THAT THE LEVY SHALL BE EQUAL TO $2.50 FOR EACH $1,000.00, OR FRACTION THEREOF, OF THE RETAINED EARNINGS OF THE ENTITY TAXED THAT ARE EMPLOYED IN THIS STATE; TO AMEND SECTIONS 27-13-9, 27-13-11 AND 27-13-13, 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 Senate
Sponsor
Its course
January 12 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 SenateJan 12 to Feb 23 · stopped42 days
FinanceJan 12 to Feb 23 · stopped42 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.