l9n/ Mississippi

2015 Regular Session

Senate Bill 2840

Income & sales tax; job tax credit for supermarkets in economically distressed communities & sales tax exemption for materials.

Did not become law. It stopped in the House of Representatives on March 17, 2015. The 2015 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AUTHORIZE A JOB TAX CREDIT FOR SUPERMARKETS LOCATED IN ECONOMICALLY DISTRESSED COMMUNITIES IN AN AMOUNT EQUAL TO 10% OF THE PAYROLL OF THE SUPERMARKET; TO PROVIDE THAT THE AMOUNT OF THE CREDIT TAKEN IN ANY ONE TAX YEAR SHALL BE LIMITED TO AN AMOUNT NOT GREATER THAN 50% OF THE TAXPAYER'S STATE INCOME TAX LIABILITY ATTRIBUTABLE TO INCOME DERIVED FROM OPERATIONS IN THE STATE FOR THAT YEAR; TO PROVIDE THAT THE AGGREGATE AMOUNT OF TAX CREDITS THAT MAY BE AWARDED UNDER THIS ACT IN ANY ONE CALENDAR YEAR SHALL NOT EXCEED $4,000,000.00; TO AMEND SECTION 27-65-101, MISSISSIPPI CODE OF 1972, TO EXEMPT FROM SALES TAXATION SALES OF MATERIALS USED IN THE CONSTRUCTION OF A SUPERMARKET THAT IS LOCATED IN AN AREA DESIGNATED AS AN ECONOMICALLY DISTRESSED COMMUNITY PURSUANT TO THIS ACT, OR ANY ADDITION OR IMPROVEMENT THEREON, AND SALES OF ANY MACHINERY AND EQUIPMENT NOT LATER THAN THREE MONTHS AFTER THE COMPLETION OF CONSTRUCTION OF THE BUILDING, OR ANY ADDITION OR IMPROVEMENT THEREON, TO BE USED IN THE SUPERMARKET; 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

13 co-sponsors

Hillman Terome Frazier, Sollie B. Norwood, John Horhn, Albert Butler, Kelvin Butler, Deborah Jeanne Dawkins, Steve Hale, Robert L. Jackson, Sampson Jackson II, Kenneth Wayne Jones, David Jordan, Derrick T. Simmons, Willie Simmons

Its course

February 17 to March 17, 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 action9 actions on 6 days

In the SenateFeb 17 to Feb 247 days

FinanceFeb 17 to Feb 247 days

In the House of RepresentativesFeb 24 to Mar 17 · stopped21 days

Ways and MeansFeb 27 to Mar 1213 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentPending

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 Feb 17 – Feb 24

  1. Feb 17Referred to the Senate committee on Finance
  2. Feb 24Reported 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 26 – Mar 17

  1. Feb 26Sent to the House
  2. Feb 27Referred to the House committee on Ways and Means
  3. Mar 12Reported from committee in the House: title sufficient, do pass as amended
  4. Read the third time in the House
  5. Mar 17Died on the calendar in the House
All 9 actions, as published
  1. Feb 17Referred To FinanceSenate
  2. Feb 24Title Suff Do Pass Comm SubSenate
  3. Feb 24Committee Substitute AdoptedSenate
  4. Feb 24PassedSenate
  5. Feb 26Transmitted To HouseSenate
  6. Feb 27Referred To Ways and MeansHouse of Representatives
  7. Mar 12Title Suff Do Pass As AmendedHouse of Representatives
  8. Mar 12Read the Third TimeHouse of Representatives
  9. Mar 17Died On CalendarHouse of Representatives