Did not become law. It stopped in the Senate's Finance Committee on March 28, 2012. The 2012 session has ended.
2012 Regular Session
Senate Bill 2723
Income tax; revise provisions regarding certain business deductions.
What it does
The synopsis the Legislature published with the bill.
AN ACT 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 Senate
Sponsor
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 action2 actions on 2 days
In the SenateFeb 20 to Mar 28 · stopped37 days
FinanceFeb 20 to Mar 28 · stopped37 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.