House Bill 1613

AN ACT TO CREATE THE CHILDREN'S PROMISE ACT; TO AUTHORIZE AN INCOME TAX CREDIT FOR VOLUNTARY CASH CONTRIBUTIONS BY BUSINESS ENTERPRISES TO ELIGIBLE CHARITABLE ORGANIZATIONS; TO LIMIT THE AMOUNT OF THE CREDIT; TO PROVIDE THAT UNUSED PORTIONS OF A CREDIT MAY BE CARRIED FORWARD FOR FIVE CONSECUTIVE YEARS FROM THE CLOSE OF THE TAX YEAR IN WHICH THE CREDIT WAS EARNED; TO PROVIDE THAT CONTRIBUTIONS FOR WHICH CREDITS ARE CLAIMED UNDER THIS ACT MAY NOT BE USED AS DEDUCTIONS FOR STATE TAX PURPOSES; TO PROVIDE THE CRITERIA THAT AN ELIGIBLE CHARITABLE ORGANIZATION MUST MEET IN ORDER FOR A CONTRIBUTION TO THE ORGANIZATION TO QUALIFY FOR THE CREDIT AUTHORIZED BY THIS ACT; TO AMEND SECTION 27-7-22.39, MISSISSIPPI CODE OF 1972, WHICH AUTHORIZES INCOME TAX CREDITS FOR VOLUNTARY CASH CONTRIBUTIONS TO QUALIFYING CHARITABLE ORGANIZATIONS AND QUALIFYING FOSTER CARE CHARITABLE ORGANIZATIONS, TO REVISE THE DEFINITIONS OF THE TERMS "QUALIFYING CHARITABLE ORGANIZATION", "QUALIFYING FOSTER CARE CHARITABLE ORGANIZATION" AND "SERVICES" FOR THE PURPOSES OF SUCH SECTION OF LAW, TO REVISE CERTAIN PROVISIONS REGARDING CERTIFICATIONS THAT CHARITABLE ORGANIZATIONS MUST FILE WITH THE DEPARTMENT OF REVENUE; TO INCREASE THE MAXIMUM AGGREGATE AMOUNT OF THE INCOME TAX CREDITS THAT MAY BE AWARDED IN A CALENDAR YEAR; TO EXTEND THE DATE OF THE REPEALER ON SUCH SECTION; TO AMEND SECTION 27-7-22.32, MISSISSIPPI CODE OF 1972, WHICH AUTHORIZES AN INCOME TAX CREDIT FOR EXPENSES INCURRED FOR THE ADOPTION OF A CHILD, TO EXTEND THE REVERTER ON THE PROVISION OF LAW THAT PROVIDES THAT THE MAXIMUM AMOUNT OF THE TAX CREDIT CANNOT EXCEED $5,000.00 FOR A CHILD AND THE PROVISION THAT AUTHORIZES AN INCOME TAX CREDIT FOR CHILDREN ADOPTED THROUGH THE MISSISSIPPI DEPARTMENT OF CHILD PROTECTION SERVICES; AND FOR RELATED PURPOSES.

In the House of Representatives

• Mark Baker

  Sponsor

• Senate committee amendmentAdopted

  Adopted Mar 19

l9n doesn't hold this bill's text yet.

In the House of Representatives Feb 13 – Feb 26

1. Feb 13Referred to the House committee on Ways and Means
2. Feb 26Reported from committee in the House: title sufficient, do pass
3. Passed the House

In the Senate Feb 27 – Mar 19

1. Feb 27Sent to the Senate
2. Feb 28Referred to the Senate committee on Finance
3. Mar 18Reported from committee in the Senate: title sufficient, do pass as amended
4. Mar 19Amended in the Senate
5. Passed the Senate as amended

Back in the House of Representatives Mar 20 – Apr 2

1. Mar 20Returned to the House to concur in the Senate's amendments
2. Mar 21Declined in the House to concur, and invited a conference
3. Conferees named in the House: Smith, Lamar and Baker
4. Mar 22Conferees named in the Senate: Fillingane, Kirby and Doty
5. Mar 26Conference report filed in the Senate
6. Conference report filed in the House
7. Mar 27Conference report adopted in the House
8. Conference report adopted in the Senate
9. Apr 2Enrolled bill signed in the House

To the Governor Apr 2 – Apr 18

1. Apr 2Enrolled bill signed in the Senate
2. Apr 18Approved by the Governor