l9n/ Mississippi

2014 Regular Session

House Bill 1359

Hotel and restaurant renovation projects sales tax incentives; authorize for certain projects.

Did not become law. It stopped in the Senate's Finance Committee on March 4, 2014. The 2014 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE AN INCENTIVE FOR PERSONS, CORPORATIONS OR OTHER ENTITIES TO REPAIR AND RENOVATE HOTELS AND RESTAURANTS IN THIS STATE; TO CREATE THE HOTEL RENOVATION PROJECTS SALES TAX INCENTIVE FUND; TO CREATE THE RESTAURANT RENOVATION PROJECTS SALES TAX INCENTIVE FUND; TO AUTHORIZE CERTAIN INCENTIVE PAYMENTS FROM SUCH FUNDS TO APPROVED PARTICIPANTS THAT INCUR COSTS TO REPAIR AND RENOVATE HOTELS AND RESTAURANTS IN THIS STATE; TO PROVIDE THAT INCENTIVE PAYMENTS SHALL CEASE ON THE OCCURRENCE OF THE EARLIER OF THE DATE THAT AN AGGREGATE AMOUNT OF 20% OF THE APPROVED PROJECT COSTS INCURRED BY AN APPROVED PARTICIPANT FOR A PROJECT HAS BEEN PAID TO THE APPROVED PARTICIPANT OR 10 YEARS AFTER THE DATE OF COMMENCEMENT OF INCENTIVE PAYMENTS TO AN APPROVED PARTICIPANT FOR A PROJECT; TO REQUIRE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO ADMINISTER THE PROGRAM; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT 25% OF THE SALES TAX REVENUE COLLECTED FROM THE OPERATION OF A PROJECT SHALL BE DEPOSITED, AFTER CERTAIN DIVERSIONS, INTO THE HOTEL RENOVATION PROJECTS SALES TAX INCENTIVE FUND OR THE RESTAURANT RENOVATION PROJECTS SALES TAX INCENTIVE FUND, AS THE CASE MAY BE; 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

1 co-sponsor

Rita Martinson

Its course

January 20 to March 4, 2014, 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 action8 actions on 6 days

In the House of RepresentativesJan 20 to Feb 718 days

Ways and MeansJan 20 to Feb 415 days

In the SenateFeb 7 to Mar 4 · stopped25 days

FinanceFeb 17 to Mar 4 · stopped15 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives floor amendmentAdopted

    Adopted Feb 7

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 20 – Feb 7

  1. Jan 20Referred to the House committee on Ways and Means
  2. Feb 4Reported from committee in the House: title sufficient, do pass as a committee substitute
  3. Feb 7Committee substitute adopted in the House
  4. Amended in the House
  5. Passed the House as amended

In the Senate Feb 11 – Mar 4

  1. Feb 11Sent to the Senate
  2. Feb 17Referred to the Senate committee on Finance
  3. Mar 4Died in committee in the Senate
All 8 actions, as published
  1. Jan 20Referred To Ways and MeansHouse of Representatives
  2. Feb 4Title Suff Do Pass Comm SubHouse of Representatives
  3. Feb 7Committee Substitute AdoptedHouse of Representatives
  4. Feb 7AmendedHouse of Representatives
  5. Feb 7Passed As AmendedHouse of Representatives
  6. Feb 11Transmitted To SenateHouse of Representatives
  7. Feb 17Referred To FinanceSenate
  8. Mar 4Died In CommitteeSenate