l9n/ Mississippi

2015 Regular Session

Senate Bill 2589

Sale of property by nonresident; require seller to withhold for income taxes rather than the buyer.

Became law as Chapter 456, Laws of 2015, signed April 20, 2015, 91 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 27-7-308, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT IN A SALE OF REAL PROPERTY AND ASSOCIATED TANGIBLE PERSONAL PROPERTY WHICH IS NOT CONSIDERED AN EXCHANGE OR TRADE OF SUCH PROPERTY AND WHICH RESULTS IN GROSS PROCEEDS GREATER THAN $100,000.00 PAID BY THE BUYER TO THE SELLER AND OWNED BY A NONRESIDENT, THE SELLER, RATHER THAN THE BUYER, SHALL BE RESPONSIBLE FOR PAYING OVER TO THE DEPARTMENT OF REVENUE AN AMOUNT EQUAL TO 5% OF THE AMOUNT REALIZED BY THE SELLER; 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 19 to April 20, 2015, 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 action23 actions on 16 days

In the SenateJan 19 to Feb 517 days

FinanceJan 19 to Feb 315 days

In the House of RepresentativesFeb 5 to Mar 528 days

Judiciary AFeb 25 to Mar 36 days

Back in the SenateMar 5 to Apr 632 days

With the GovernorApr 6 to Apr 2014 days

Amendments

Each amendment offered, and what became of it.

  • Senate floor amendmentPending

  • House of Representatives committee amendmentAdopted

    Adopted Mar 5

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 19 – Feb 5

  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. Amendment failed in the Senate
  5. Passed the Senate

In the House of Representatives Feb 5 – Mar 5

  1. Motion in the Senate to reconsider entered
  2. Motion in the Senate to reconsider tabled
  3. Sent to the House
  4. Referred to the House committee on Judiciary A
  5. Reported from committee in the House: title sufficient, do pass as amended
  6. Amended in the House
  7. Passed the House as amended

Back in the Senate Mar 6 – Apr 6

  1. Returned to the Senate to concur in the House's amendments
  2. Declined in the Senate to concur, and invited a conference
  3. Conferees named in the Senate: Fillingane, Harkins and Longwitz
  4. Conferees named in the House: Baker, Reynolds and Snowden
  5. Conference report filed in the Senate
  6. Conference report filed in the House
  7. Conference report adopted in the Senate
  8. Conference report adopted in the House
  9. Enrolled bill signed in the Senate

To the Governor Apr 6 – Apr 20

  1. Enrolled bill signed in the House
  2. Approved by the Governor
All 23 actions, as published