l9n/ Mississippi

2014 Regular Session

House Bill 784

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 18, 2014. The 2014 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

1 co-sponsor

Larry Byrd

Its course

January 20 to March 18, 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 action7 actions on 6 days

In the House of RepresentativesJan 20 to Feb 2536 days

Ways and MeansJan 20 to Jan 3010 days

In the SenateFeb 25 to Mar 18 · stopped21 days

FinanceMar 5 to Mar 18 · stopped13 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives floor amendmentAdopted

    Adopted Feb 25

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 25

  1. Jan 20Referred to the House committee on Ways and Means
  2. Jan 30Reported from committee in the House: title sufficient, do pass
  3. Feb 25Amended in the House
  4. Passed the House as amended

In the Senate Feb 27 – Mar 18

  1. Feb 27Sent to the Senate
  2. Mar 5Referred to the Senate committee on Finance
  3. Mar 18Died in committee in the Senate
All 7 actions, as published
  1. Jan 20Referred To Ways and MeansHouse of Representatives
  2. Jan 30Title Suff Do PassHouse of Representatives
  3. Feb 25AmendedHouse of Representatives
  4. Feb 25Passed As AmendedHouse of Representatives
  5. Feb 27Transmitted To SenateHouse of Representatives
  6. Mar 5Referred To FinanceSenate
  7. Mar 18Died In CommitteeSenate