l9n/ Mississippi

2012 Regular Session

House Bill 970

Income tax; revise provisions regarding net income of nonresidents, certain definitions and certain business deductions.

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 27-7-5, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT NET INCOME OF NONRESIDENTS DERIVED FROM PROPERTY, ACTIVITY AND OTHER SOURCES WITHIN MISSISSIPPI IS SUBJECT TO THE STATE INCOME TAX; TO AMEND SECTION 27-7-23, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "DOING BUSINESS" FOR PURPOSES OF THE STATE INCOME TAX LAW; TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO DEFINE THE TERM "VALID BUSINESS PURPOSE" UNDER THE STATE INCOME TAX LAW FOR PURPOSES OF RESTRICTIONS ON THE DEDUCTION OF CERTAIN INTANGIBLE EXPENSES AND INTEREST INCURRED IN CONNECTION WITH TRANSACTIONS WITH RELATED MEMBERS AND TO REVISE CERTAIN PROVISIONS REGARDING THE DEDUCTION; 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

February 20 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 action4 actions on 4 days

In the House of RepresentativesFeb 20 to Mar 28 · stopped37 days

Ways and MeansFeb 20 to Mar 110 days

Ways and MeansMar 27 to Mar 28 · stopped1 day

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 20 – Mar 28

  1. Feb 20Referred to the House committee on Ways and Means
  2. Mar 1Reported from committee in the House: title sufficient, do pass
  3. Mar 27Recommitted to committee in the House
  4. Mar 28Died in committee in the House
All 4 actions, as published
  1. Feb 20Referred To Ways and MeansHouse of Representatives
  2. Mar 1Title Suff Do PassHouse of Representatives
  3. Mar 27Recommitted to CommitteeHouse of Representatives
  4. Mar 28Died In CommitteeHouse of Representatives