l9n/ Mississippi

2013 Regular Session

House Bill 566

Income tax; authorize a credit for costs paid by a business enterprise to expand and relocate employees to this state.

Did not become law. It stopped in the Senate's Finance Committee on March 19, 2013. The 2013 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 57-73-21, MISSISSIPPI CODE OF 1972, TO AUTHORIZE AN INCOME TAX CREDIT FOR ANY PERMANENT BUSINESS ENTERPRISE THAT EXPANDS ITS LABOR FORCES INTO THE STATE OF MISSISSIPPI FROM OUTSIDE THE STATE OF MISSISSIPPI; TO PROVIDE THAT THE MAXIMUM CUMULATIVE AMOUNT OF TAX CREDITS THAT MAY BE CLAIMED BY ALL TAXPAYERS CLAIMING A CREDIT UNDER THIS ACT IN ANY ONE STATE FISCAL YEAR SHALL NOT EXCEED $1,000,000.00, EXCLUSIVE OF CREDITS THAT MIGHT BE CARRIED FORWARD FROM PREVIOUS TAXABLE YEARS; TO PROVIDE THAT A TAX CREDIT CLAIMED UNDER THIS ACT BUT NOT USED IN A TAXABLE YEAR MAY BE CARRIED FORWARD FOR FIVE YEARS FROM THE CLOSE OF THE TAX YEAR IN WHICH THE RELOCATION COSTS WERE PAID; TO AMEND SECTIONS 57-87-3, 57-87-5, 57-87-7 AND 27-111-1, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; 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

January 21 to March 19, 2013, 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 action6 actions on 6 days

In the House of RepresentativesJan 21 to Feb 2636 days

Ways and MeansJan 21 to Feb 2535 days

In the SenateFeb 26 to Mar 19 · stopped21 days

FinanceMar 4 to Mar 19 · stopped15 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 House of Representatives Jan 21 – Feb 26

  1. Referred to the House committee on Ways and Means
  2. Reported from committee in the House: title sufficient, do pass
  3. Passed the House

In the Senate Feb 27 – Mar 19

  1. Sent to the Senate
  2. Referred to the Senate committee on Finance
  3. Died in committee in the Senate
All 6 actions, as published