l9n/ Mississippi

2012 Regular Session

Senate Bill 2934

Income tax; increase credit for ad valorem tax paid on inventory.

Became law as Chapter 523, Laws of 2012, signed May 14, 2012, 70 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 27-7-22.5, MISSISSIPPI CODE OF 1972, TO INCREASE THE INCOME TAX CREDIT FOR AD VALOREM TAXES PAID BY TAXPAYERS ON CERTAIN INVENTORY; TO INCLUDE RAW MATERIALS OR WORKS-IN-PROCESS IN THE TYPE OF INVENTORY COVERED BY THE CREDIT; TO AUTHORIZE ANY TAX CREDIT CLAIMED UNDER THIS SECTION BUT NOT USED IN ANY TAXABLE YEAR TO BE CARRIED FORWARD FOR FIVE CONSECUTIVE YEARS FROM THE CLOSE OF THE TAX YEAR IN WHICH THE CREDIT WAS EARNED; 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

Its course

March 5 to May 14, 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 action25 actions on 17 days

In the SenateMar 5 to Mar 2823 days

FinanceMar 5 to Mar 2722 days

In the House of RepresentativesMar 28 to Apr 1720 days

Ways and MeansMar 30 to Apr 1213 days

Back in the SenateApr 17 to May 215 days

With the GovernorMay 2 to May 1412 days

Amendments

Each amendment offered, and what became of it.

  • Senate floor amendmentPending

  • Senate floor amendmentPending

  • House of Representatives committee amendmentPending

  • House of Representatives floor amendmentPending

  • House of Representatives floor amendmentPending

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 Senate Mar 5 – Mar 28

  1. Referred to the Senate committee on Finance
  2. Reported from committee in the Senate: title sufficient, do pass
  3. Amended in the Senate
  4. Passed the Senate as amended

In the House of Representatives Mar 29 – Apr 17

  1. Motion in the Senate to reconsider entered
  2. Motion in the Senate to reconsider tabled
  3. Sent to the House
  4. Referred to the House committee on Ways and Means
  5. Reported from committee in the House: title sufficient, do pass as amended
  6. Read the third time in the House
  7. Amended in the House
  8. Passed the House as amended

Back in the Senate Apr 18 – May 2

  1. Returned to the Senate to concur in the House's amendments
  2. Declined in the Senate to concur, and invited a conference
  3. Conferees named in the Senate: Fillingane, Flowers and Butler (38th)
  4. Conferees named in the House: Smith (39th), Rogers (61st) and Baker
  5. Conference report filed in the Senate
  6. Conference report filed in the House
  7. Conference report adopted in the House
  8. Conference report adopted in the Senate
  9. Motion in the Senate to reconsider entered
  10. Motion in the Senate to reconsider tabled
  11. Enrolled bill signed in the Senate

To the Governor May 2 – May 14

  1. Enrolled bill signed in the House
  2. Approved by the Governor
All 25 actions, as published