l9n/ Mississippi

2018 Regular Session

Senate Bill 3044

Income tax; authorize a credit for contributions to certain charitable organizations.

Did not become law. It stopped in the Senate's Finance Committee on February 21, 2018. The 2018 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AUTHORIZE SEPARATE INCOME TAX CREDITS FOR VOLUNTARY CASH CONTRIBUTIONS TO QUALIFYING CHARITABLE ORGANIZATIONS AND QUALIFYING FOSTER CARE CHARITABLE ORGANIZATIONS; TO LIMIT THE AMOUNT OF SUCH CREDITS; TO ALLOW EXCESS AMOUNTS OF THE CREDIT TO BE CARRIED FORWARD FOR FIVE CONSECUTIVE YEARS; TO PROVIDE THAT THE CREDITS AUTHORIZED BY THIS ACT ARE IN LIEU OF CHARITABLE DEDUCTIONS TAKEN UNDER THE INTERNAL REVENUE CODE AND UTILIZED FOR STATE TAX PURPOSES; TO PROVIDE THE CRITERIA THAT A CHARITABLE ORGANIZATION MUST MEET IN ORDER FOR A CONTRIBUTION TO THE ORGANIZATION TO QUALIFY FOR THE CREDIT; TO AMEND SECTION 27-7-22.32, MISSISSIPPI CODE OF 1972, TO REVISE THE AMOUNT OF THE TAX CREDIT AUTHORIZED FOR EXPENSES INCURRED FOR THE ADOPTION OF A CHILD AND TO REVISE THE NUMBER OF YEARS THAT THE UNUSED PORTION OF THE TAX CREDIT MAY BE CARRIED FORWARD; 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

1 co-sponsor

Jenifer B. Branning

Its course

February 16 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 SenateFeb 16 to Feb 21 · stopped5 days

FinanceFeb 16 to Feb 21 · stopped5 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 Feb 16 – Feb 21

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