l9n/ Mississippi

2012 Regular Session

House Bill 1665

Sales tax; manufacturers eligible for the manufacturing investment tax credit may use a sales tax exemption in lieu of the credit.

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 AMEND SECTION 27-65-101, MISSISSIPPI CODE OF 1972, TO EXEMPT FROM SALES TAXATION SALES AND LEASES OF ITEMS INCLUDED IN CERTAIN ELIGIBLE INVESTMENTS MADE TO CERTAIN MANUFACTURING ENTERPRISES; TO PROVIDE THAT A MANUFACTURING ENTERPRISE THAT ELECTS TO UTILIZE THE SALES TAX EXEMPTION AUTHORIZED BY THIS ACT SHALL NOT BE ELIGIBLE TO UTILIZE THE MANUFACTURING INVESTMENT TAX CREDIT AUTHORIZED BY SECTION 27-7-22.30 FOR AN ELIGIBLE INVESTMENT THAT INCLUDES ITEMS TO WHICH THE SALES TAX EXEMPTION IS APPLIED; TO AMEND SECTION 27-7-22.30, MISSISSIPPI CODE OF 1972, TO REDUCE TO $250,000.00 THE AMOUNT OF INVESTMENT IN BUILDINGS AND/OR EQUIPMENT THAT IS NECESSARY FOR A MANUFACTURING ENTERPRISE TO BE ELIGIBLE FOR THE MANUFACTURING INVESTMENT TAX CREDIT; TO PROVIDE THAT A MANUFACTURING ENTERPRISE MAY ELECT TO UTILIZE THE SALES TAX EXEMPTION AUTHORIZED BY THIS ACT IN LIEU OF THE MANUFACTURING INVESTMENT TAX CREDIT; 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 28 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 1 day

In the House of RepresentativesMar 28 to Mar 28 · stopped0 days

Ways and MeansMar 28 to Mar 28 · stopped0 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 28

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