l9n/ Mississippi

2014 Regular Session

Senate Bill 2065

Corporation franchise tax law; exclude deferred gains and deferred income from certain computations under.

Became law as Chapter 521, Laws of 2014, signed April 23, 2014, 103 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 27-13-9, MISSISSIPPI CODE OF 1972, TO EXCLUDE DEFERRED GAINS AND DEFERRED INCOME FROM THE COMPUTATION OF CAPITAL, PAID-IN CAPITAL, SURPLUS AND RETAINED EARNINGS FOR PURPOSES OF THE CORPORATION FRANCHISE TAX LAW; TO PROVIDE THAT FOR PURPOSES OF THE CORPORATION FRANCHISE TAX LAW CAPITAL SHALL BE REDUCED BY THE COST OF TREASURY STOCK OF THE CORPORATION REGARDLESS OF WHETHER SUCH STOCK IS PURCHASED WITH THE EARNINGS OF THE CORPORATION; 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

Its course

January 10 to April 23, 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 action20 actions on 16 days

In the SenateJan 10 to Feb 2647 days

FinanceJan 10 to Feb 2546 days

In the House of RepresentativesFeb 26 to Mar 1820 days

Ways and MeansMar 6 to Mar 1812 days

Back in the SenateMar 18 to Apr 316 days

With the GovernorApr 3 to Apr 2320 days

Amendments

Each amendment offered, and what became of it.

  • Senate floor amendmentAdopted

    Adopted Feb 26

  • House of Representatives floor amendmentAdopted

    Adopted Mar 18

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 10 – Feb 26

  1. Jan 10Referred to the Senate committee on Finance
  2. Feb 25Reported from committee in the Senate: title sufficient, do pass
  3. Feb 26Amended in the Senate
  4. Passed the Senate as amended

In the House of Representatives Feb 28 – Mar 18

  1. Feb 28Sent to the House
  2. Mar 6Referred to the House committee on Ways and Means
  3. Mar 18Reported from committee in the House: title sufficient, do pass
  4. Amended in the House
  5. Passed the House as amended

Back in the Senate Mar 20 – Apr 3

  1. Mar 20Returned to the Senate to concur in the House's amendments
  2. Mar 21Declined in the Senate to concur, and invited a conference
  3. Mar 24Conferees named in the Senate: Fillingane, Kirby and Clarke
  4. Mar 26Conferees named in the House: Smith (39th), Rogers (61st) and Mayo
  5. Mar 28Conference report filed in the Senate
  6. Conference report filed in the House
  7. Mar 29Conference report adopted in the House
  8. Mar 31Conference report adopted in the Senate
  9. Apr 3Enrolled bill signed in the Senate

To the Governor Apr 7 – Apr 23

  1. Apr 7Enrolled bill signed in the House
  2. Apr 23Approved by the Governor
All 20 actions, as published
  1. Jan 10Referred To FinanceSenate
  2. Feb 25Title Suff Do PassSenate
  3. Feb 26AmendedSenate
  4. Feb 26Passed As AmendedSenate
  5. Feb 28Transmitted To HouseSenate
  6. Mar 6Referred To Ways and MeansHouse of Representatives
  7. Mar 18Title Suff Do PassHouse of Representatives
  8. Mar 18AmendedHouse of Representatives
  9. Mar 18Passed As AmendedHouse of Representatives
  10. Mar 20Returned For ConcurrenceHouse of Representatives
  11. Mar 21Decline to Concur/Invite ConfSenate
  12. Mar 24Conferees Named Fillingane,Kirby,ClarkeSenate
  13. Mar 26Conferees Named Smith (39th),Rogers (61st),MayoHouse of Representatives
  14. Mar 28Conference Report FiledSenate
  15. Mar 28Conference Report FiledHouse of Representatives
  16. Mar 29Conference Report AdoptedHouse of Representatives
  17. Mar 31Conference Report AdoptedSenate
  18. Apr 3Enrolled Bill SignedSenate
  19. Apr 7Enrolled Bill SignedHouse of Representatives
  20. Apr 23Approved by GovernorGovernor