Did not become law. It stopped in the Senate's Finance Committee on February 25, 2015. The 2015 session has ended.
2015 Regular Session
Senate Bill 2901
Surplus school buildings and certain other property of political subdivisions; establish a tax credit for development & rehabilitation of.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTION 37-7-485, MISSISSIPPI CODE OF 1972, TO PROVIDE AN INCOME TAX CREDIT FOR THE COST OF REHABILITATION, RESTORATION, CONSTRUCTION, DEVELOPMENT OR REDEVELOPMENT OF SURPLUS SCHOOL BUILDINGS AND CERTAIN OTHER PROPERTY OR FACILITIES CURRENTLY OWNED BY, OR ON BEHALF OF OR FOR THE BENEFIT OF, A POLITICAL SUBDIVISION, MUNICIPALITY, COUNTY, OR ANY JUNIOR OR COMMUNITY COLLEGE FOR USE AS HOUSING, ASSISTED LIVING, RETAIL MANUFACTURING, DISTRIBUTION, WHOLESALING OR ANY OTHER BUSINESS THAT WILL CREATE AT LEAST FIVE NEW JOBS AND CAUSE THE PROPERTY TO BE ADDED TO THE AD VALOREM TAX ROLLS AS ELIGIBLE PROPERTY; TO AUTHORIZE SUCH CREDITS TO BE TRANSFERRED OR SOLD; TO PROVIDE AN INCOME TAX CREDIT TO BE USED AS A SUBSIDY FOR THE RENT OF PUBLIC SCHOOLTEACHERS WHO ARE TENANTS IN SUCH PROPERTY; TO AUTHORIZE THE DEPARTMENT OF REVENUE TO ESTABLISH FEES FOR SERVICES UNDER THIS REDEVELOPMENT PROGRAM AND TO ESTABLISH A SPECIAL FUND THEREFOR; 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
Sponsor
Its course
February 19 to February 25, 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 action2 actions on 2 days
In the SenateFeb 19 to Feb 25 · stopped6 days
FinanceFeb 19 to Feb 25 · stopped6 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.