l9n/ Mississippi

2019 Regular Session

House Bill 54

Income and sales tax; job tax credit for supermarkets in economically distressed communities, sales tax exemption for materials.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on February 27, 2019. The 2019 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AUTHORIZE A JOB TAX CREDIT FOR SUPERMARKETS LOCATED IN ECONOMICALLY DISTRESSED COMMUNITIES IN AN AMOUNT EQUAL TO 10% OF THE PAYROLL OF THE SUPERMARKET; TO PROVIDE THAT THE AMOUNT OF THE CREDIT TAKEN IN ANY ONE TAX YEAR SHALL BE LIMITED TO AN AMOUNT NOT GREATER THAN 50% OF THE TAXPAYER'S STATE INCOME TAX LIABILITY ATTRIBUTABLE TO INCOME DERIVED FROM OPERATIONS IN THE STATE FOR THAT YEAR; TO PROVIDE THAT THE AGGREGATE AMOUNT OF TAX CREDITS THAT MAY BE AWARDED UNDER THIS ACT IN ANY ONE CALENDAR YEAR SHALL NOT EXCEED $4,000,000.00; TO AMEND SECTION 27-65-101, MISSISSIPPI CODE OF 1972, TO EXEMPT FROM SALES TAXATION SALES OF MATERIALS USED IN THE CONSTRUCTION OF A SUPERMARKET THAT IS LOCATED IN AN AREA DESIGNATED AS AN ECONOMICALLY DISTRESSED COMMUNITY PURSUANT TO THIS ACT, OR ANY ADDITION OR IMPROVEMENT THEREON, AND SALES OF ANY MACHINERY AND EQUIPMENT NOT LATER THAN THREE MONTHS AFTER THE COMPLETION OF CONSTRUCTION OF THE BUILDING, OR ANY ADDITION OR IMPROVEMENT THEREON, TO BE USED IN THE SUPERMARKET; 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 11 to February 27, 2019, 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 11 to Feb 27 · stopped47 days

Ways and MeansJan 11 to Feb 27 · stopped47 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 11 – Feb 27

  1. Jan 11Referred to the House committee on Ways and Means
  2. Feb 27Died in committee in the House
All 2 actions, as published
  1. Jan 11Referred To Ways and MeansHouse of Representatives
  2. Feb 27Died In CommitteeHouse of Representatives