Did not become law. It stopped in the Senate's Finance Committee on March 6, 2012. The 2012 session has ended.
2012 Regular Session
Senate Bill 2311
Income and sales tax; limit liability if previous Department of Revenue audit determined taxpayer was in compliance with the law.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTION 27-7-51, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT IF AN EXAMINATION OF AN INCOME TAX RETURN BY THE DEPARTMENT OF REVENUE INDICATES THAT A TAXPAYER HAS MADE AN UNDERPAYMENT OF INCOME TAX AND OWES ADDITIONAL TAXES, THE TAXPAYER WILL NOT BE LIABLE FOR ADDITIONAL TAXES DETERMINED TO BE OWED BEFORE THE DATE OF SUCH AUDIT IF A PREVIOUS EXAMINATION BY THE DEPARTMENT OF REVENUE IMMEDIATELY PRECEDING SUCH AUDIT DETERMINED THE TAXPAYER TO BE PROPERLY PAYING INCOME TAX, THE PRACTICES OR CIRCUMSTANCES THAT INDICATE THE TAXPAYER IS LIABLE FOR ADDITIONAL TAXES IN THE CURRENT EXAMINATION ARE THE SAME PRACTICES OR CIRCUMSTANCES DETERMINED TO BE PROPER IN THE PREVIOUS EXAMINATION AND THE STATUTES PROVIDING THE TAXPAYER'S LIABILITY WERE NOT CHANGED SINCE THE MOST RECENT PREVIOUS AUDIT IN SUCH A MANNER AS TO MAKE THE TAXPAYER LIABLE FOR THE ADDITIONAL TAX; TO AMEND SECTION 27-65-37, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT IF AN AUDIT BY DEPARTMENT OF REVENUE INDICATES THAT A TAXPAYER HAS MADE AN UNDERPAYMENT OF SALES TAX AND OWES ADDITIONAL TAXES, THE TAXPAYER WILL NOT BE LIABLE FOR ADDITIONAL TAXES DETERMINED TO BE OWED BEFORE THE DATE OF SUCH AUDIT IF A DEPARTMENT OF REVENUE AUDIT IMMEDIATELY PRECEDING SUCH AUDIT DETERMINED THE TAXPAYER TO BE PROPERLY COLLECTING SALES TAX, THE PRACTICES OR CIRCUMSTANCES THAT INDICATE THE TAXPAYER IS LIABLE FOR ADDITIONAL TAXES IN THE CURRENT AUDIT ARE THE SAME PRACTICES OR CIRCUMSTANCES DETERMINED TO BE PROPER IN THE PREVIOUS AUDITS AND THE STATUTES PROVIDING THE TAXPAYER'S LIABILITY TO COLLECT SALES TAX WERE NOT CHANGED SINCE THE MOST RECENT PREVIOUS AUDIT IN SUCH A MANNER AS TO MAKE THE TAXPAYER LIABLE FOR THE ADDITIONAL TAX; 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
6 co-sponsors
Sean J. Tindell, Chris McDaniel, Russell Jolly, Steve Hale, Sally Doty, Nancy Adams Collins
Its course
February 3 to March 6, 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 SenateFeb 3 to Mar 6 · stopped32 days
FinanceFeb 3 to Mar 6 · stopped32 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.