Did not become law. It stopped in the House of Representatives's Ways and Means Committee on March 16, 2016. The 2016 session has ended.
2016 Regular Session
House Bill 988
Surplus school buildings and certain other property of political subdivisions; establish a tax credit for development and 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 House of Representatives
Sponsor
Its course
February 8 to March 16, 2016, 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 House of RepresentativesFeb 8 to Mar 16 · stopped37 days
Ways and MeansFeb 8 to Mar 16 · stopped37 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 House of Representatives Feb 8 – Mar 16
- Feb 8Referred to the House committee on Ways and Means
- Mar 16Died in committee in the House
All 2 actions, as published
- Feb 8Referred To Ways and MeansHouse of Representatives
- Mar 16Died In CommitteeHouse of Representatives