l9n/ Mississippi

2019 Regular Session

Senate Bill 3064

Children's Promise Act; create.

Did not become law. It stopped in the Senate's Finance Committee on February 27, 2019. The 2019 session has ended.

What it does

The synopsis the Legislature published with the bill.

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.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

Its course

February 19 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 SenateFeb 19 to Feb 27 · stopped8 days

FinanceFeb 19 to Feb 27 · stopped8 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 19 – Feb 27

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