l9n/ Mississippi

2017 Regular Session

Senate Bill 2439

Income tax; authorize first-time homebuyer savings accounts & exclude distributions & portion of contributions from gross income.

Did not become law. It stopped in the Senate's Finance Committee on February 22, 2017. The 2017 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AUTHORIZE TAXPAYERS TO ESTABLISH FIRST-TIME HOMEBUYER SAVINGS ACCOUNTS; TO DEFINE CERTAIN TERMS; TO PROVIDE THAT THE CERTAIN AMOUNTS CONTRIBUTED TO A FIRST-TIME HOMEBUYER SAVINGS ACCOUNT AND 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 FOR STATE INCOME TAX PURPOSES; 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

Its course

January 16 to February 22, 2017, 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 SenateJan 16 to Feb 22 · stopped37 days

FinanceJan 16 to Feb 22 · 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 Senate Jan 16 – Feb 22

  1. Referred to the Senate committee on Finance
  2. Died in committee in the Senate
All 2 actions, as published