l9n/ Mississippi

2014 Regular Session

Senate Bill 2373

Qualified equity investment credits; increase amount that may be allocated by MDA in a fiscal year increase time period for issuance.

Became law as Chapter 364, Laws of 2014, signed March 17, 2014, 59 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 57-105-1, MISSISSIPPI CODE OF 1972, TO REVISE THE CREDIT ALLOWANCE DATE FOR THE INCOME TAX AND INSURANCE PREMIUM TAX CREDITS FOR TAXPAYERS HOLDING CERTAIN QUALIFIED INVESTMENTS; TO INCREASE FROM 60 TO 120 DAYS THE PERIOD OF TIME AFTER THE MISSISSIPPI DEVELOPMENT AUTHORITY HAS ALLOCATED SUCH CREDITS TO A QUALIFIED COMMUNITY DEVELOPMENT ENTITY THAT THE CORRESPONDING QUALIFIED LOW-INCOME COMMUNITY INVESTMENT MUST BE ISSUED; TO EXTEND UNTIL JANUARY 1, 2018, THE DATE AFTER WHICH THE MISSISSIPPI DEVELOPMENT AUTHORITY SHALL NOT ALLOCATE SUCH CREDITS; TO MAKE IT CLEAR THAT MUNICIPAL AIRPORT AUTHORITIES ARE INCLUDED WITHIN THE DEFINITION OF THE TERM "PUBLIC ENTITY" OR "PUBLIC ENTITIES" FOR PURPOSES OF THE PROVISION THAT AUTHORIZES THE CREATION OF PUBLIC BENEFIT CORPORATIONS UNDER THIS SECTION; 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

1 co-sponsor

John Horhn

Its course

January 17 to March 17, 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 action12 actions on 10 days

In the SenateJan 17 to Feb 620 days

FinanceJan 17 to Jan 3013 days

In the House of RepresentativesFeb 6 to Mar 628 days

Ways and MeansFeb 15 to Mar 316 days

With the GovernorMar 6 to Mar 1711 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 17 โ€“ Feb 6

  1. Referred to the Senate committee on Finance
  2. Reported from committee in the Senate: title sufficient, do pass as a committee substitute
  3. Committee substitute adopted in the Senate
  4. Passed the Senate

In the House of Representatives Feb 7 โ€“ Mar 6

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

To the Governor Mar 7 โ€“ Mar 17

  1. Returned to the Senate for enrolling
  2. Enrolled bill signed in the Senate
  3. Enrolled bill signed in the House
  4. Approved by the Governor
All 12 actions, as published