l9n/ Mississippi

2013 Regular Session

Senate Bill 2494

Income tax; repeal the provision that requires withholding of a portion of the gain realized on property sold by nonresidents.

Did not become law. It stopped in the Senate's Finance Committee on February 13, 2013. The 2013 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO REPEAL SECTION 27-7-308, MISSISSIPPI CODE OF 1972, WHICH REQUIRES THE BUYER OF REAL PROPERTY OWNED BY A NONRESIDENT TO WITHHOLD A PORTION OF THE AMOUNT REALIZED BY THE SELLER ON THE SALE WHEN THE SALE IS NOT CONSIDERED AN EXCHANGE OR TRADE OF PROPERTY AND RESULTS IN GROSS PROCEEDS GREATER THAN $100,000.00.

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

January 21 to February 13, 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 action5 actions on 4 days

In the SenateJan 21 to Feb 13 · stopped23 days

FinanceFeb 4 to Feb 51 day

FinanceFeb 13 to Feb 13 · stopped0 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 Jan 21 – Feb 13

  1. Referred to the Senate committees on Business and Financial Institutions and on Finance
  2. Reported from BF to FI in the Senate: title sufficient, do pass
  3. Reported from committee in the Senate: title sufficient, do pass
  4. Recommitted to committee in the Senate
  5. Died in committee in the Senate
All 5 actions, as published