l9n/ Mississippi

2012 Regular Session

House Bill 1559

Income Tax; authorize a credit for employers that provide assistance to employees for insurance on principal residence in certain counties.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on March 28, 2012. The 2012 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO PROVIDE AN INCOME TAX CREDIT FOR EMPLOYERS THAT MAKE PAYMENTS TO EMPLOYEES TO ASSIST IN THE PAYMENT OF HOMEOWNERS INSURANCE COVERING THE PRINCIPAL RESIDENCE OF AN EMPLOYEE IN CERTAIN COUNTIES; TO LIMIT THE AMOUNT OF THE CREDIT THAT MAY BE CLAIMED IN A TAXABLE YEAR; TO PROVIDE THAT ANY UNUSED PORTION OF THE CREDIT MAY BE CARRIED FORWARD FOR THE SUCCEEDING FIVE TAX YEARS; TO PROVIDE THAT ANY PAYMENT THAT IS APPLIED TOWARD THE CREDIT AUTHORIZED IN THIS ACT MAY NOT BE USED AS A DEDUCTION BY THE EMPLOYER FOR STATE INCOME TAX PURPOSES; TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO EXCLUDE FROM GROSS INCOME AMOUNTS RECEIVED BY AN INDIVIDUAL FROM AN EMPLOYER FOR THE PURPOSE OF ASSISTING THE INDIVIDUAL IN THE PAYMENT OF HOMEOWNERS INSURANCE COVERING THE PRINCIPAL RESIDENCE OF THE EMPLOYEE IN CERTAIN COUNTIES AND FOR WHICH AMOUNTS A TAX CREDIT IS AUTHORIZED UNDER 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

Its course

March 16 to March 28, 2012, 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 RepresentativesMar 16 to Mar 28 · stopped12 days

Ways and MeansMar 16 to Mar 28 · stopped12 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 Mar 16 – Mar 28

  1. Mar 16Referred to the House committees on Ways and Means and on Insurance
  2. Mar 28Died in committee in the House
All 2 actions, as published
  1. Mar 16Referred To Ways and Means;InsuranceHouse of Representatives
  2. Mar 28Died In CommitteeHouse of Representatives