l9n/ Mississippi

2019 Regular Session

House Bill 929

Income tax; revise provisions regarding net income of nonresidents, certain definitions and certain business deductions.

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 AMEND SECTION 27-7-5, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT NET INCOME OF NONRESIDENTS DERIVED FROM PROPERTY, ACTIVITY AND OTHER SOURCES WITHIN MISSISSIPPI IS SUBJECT TO THE STATE INCOME TAX; TO AMEND SECTION 27-7-23, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "DOING BUSINESS" FOR PURPOSES OF THE STATE INCOME TAX LAW; TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO DEFINE THE TERM "VALID BUSINESS PURPOSE" UNDER THE STATE INCOME TAX LAW FOR PURPOSES OF RESTRICTIONS ON THE DEDUCTION OF CERTAIN INTANGIBLE EXPENSES AND INTEREST INCURRED IN CONNECTION WITH TRANSACTIONS WITH RELATED MEMBERS AND TO REVISE CERTAIN PROVISIONS REGARDING THE DEDUCTION; 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 21 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 21 to Feb 27 · stopped37 days

Ways and MeansJan 21 to Feb 27 · 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 21 – Feb 27

  1. Referred to the House committee on Ways and Means
  2. Died in committee in the House
All 2 actions, as published