Did not become law. It stopped in the Senate's Finance Committee on March 16, 2016. The 2016 session has ended.
2016 Regular Session
Senate Bill 2837
Income tax; authorize first-time home buyer savings accounts and exclude contributions/distributions from gross income.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AUTHORIZE TAXPAYERS TO ESTABLISH FIRST-TIME HOME BUYER SAVINGS ACCOUNTS; TO DEFINE CERTAIN TERMS; TO PROVIDE THAT THE AMOUNTS CONTRIBUTED TO A FIRST-TIME HOME BUYER SAVINGS ACCOUNT, INTEREST AND OTHER INCOME EARNED ON AN ACCOUNT AND DISTRIBUTIONS FROM SUCH AN ACCOUNT THAT ARE USED TO PAY ELIGIBLE COSTS RELATED TO THE PURCHASE OF A SINGLE-FAMILY RESIDENCE SHALL BE EXCLUDED FROM THE GROSS INCOME OF THE ACCOUNT HOLDER UNDER THE STATE INCOME TAX LAW; TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; 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 29 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 SenateFeb 29 to Mar 16 · stopped16 days
FinanceFeb 29 to Mar 16 · stopped16 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.