l9n/ Mississippi

2018 Regular Session

House Bill 1495

Income tax; revise credit for ad valorem tax paid on inventory.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on February 21, 2018. The 2018 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 27-7-22.5, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT THE INCOME TAX CREDIT FOR AD VALOREM TAXES PAID ON CERTAIN INVENTORY SHALL BE THE AMOUNT OF SUCH AD VALOREM TAXES PAID; TO PROVIDE THAT THE AMOUNT OF THE TAX CREDIT USED IN A TAXABLE YEAR SHALL NOT EXCEED THE AMOUNT OF INCOME TAXES DUE THE STATE OF MISSISSIPPI ATTRIBUTABLE TO THE LOCATION WHERE THE INVENTORY IS FOUND; 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

Its course

January 15 to February 21, 2018, 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 RepresentativesJan 15 to Feb 21 · stopped37 days

Ways and MeansJan 15 to Feb 21 · 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 Jan 15 – Feb 21

  1. Jan 15Referred to the House committee on Ways and Means
  2. Feb 21Died in committee in the House
All 2 actions, as published
  1. Jan 15Referred To Ways and MeansHouse of Representatives
  2. Feb 21Died In CommitteeHouse of Representatives