l9n/ Mississippi

2012 Regular Session

Senate Bill 3014

Income and franchise tax; allow refundable credit for costs of purchasing and installing a solar electric energy system.

Did not become law. It stopped in the Senate's Finance Committee on March 28, 2012. The 2012 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AUTHORIZE AN INCOME AND/OR FRANCHISE TAX CREDIT EQUAL TO A CERTAIN AMOUNT OF THE COST OF PURCHASING AND INSTALLING SOLAR ELECTRIC ENERGY SYSTEMS; TO PROVIDE THAT, IF THE SYSTEM IS COMPOSED OF PRODUCTS MADE IN MISSISSIPPI THEN THERE IS AN ADDITIONAL INCOME AND/OR FRANCHISE TAX CREDIT; TO PROVIDE THAT THE CREDIT SHALL APPLY TO ALL SOLAR ELECTRIC ENERGY SYSTEMS INSTALLED ON OR AFTER JULY 1, 2010; TO PROVIDE THE MANNER IN WHICH THE CREDIT MAY BE CLAIMED; TO PROVIDE THAT IF THE AMOUNT OF CREDIT CLAIMED BY A TAXPAYER EXCEEDS THE AMOUNT OF INCOME AND/OR FRANCHISE TAX IMPOSED UPON THE TAXPAYER FOR THE TAXABLE YEAR, THEN THE TAXPAYER SHALL RECEIVE A REFUND FROM THE DEPARTMENT OF REVENUE FOR THE AMOUNT OF SUCH EXCESS; 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

2 co-sponsors

Angela Burks Hill, Billy Hudson

Its course

March 23 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 SenateMar 23 to Mar 28 · stopped5 days

FinanceMar 23 to Mar 28 · stopped5 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 Senate Mar 23 – Mar 28

  1. Referred to the Senate committee on Finance
  2. Died in committee in the Senate
All 2 actions, as published