Did not become law. It stopped in the House of Representatives's Ways and Means Committee on June 3, 2020. The 2020 session has ended.
2020 Regular Session
House Bill 543
Income tax; revise provisions regarding net income of nonresidents, certain definitions and certain business deductions.
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
Sponsor
Its course
February 5 to June 3, 2020, 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 RepresentativesFeb 5 to Jun 3 · stopped119 days
Ways and MeansFeb 5 to Jun 3 · stopped119 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 Feb 5 – Jun 3
- Feb 5Referred to the House committee on Ways and Means
- Jun 3Died in committee in the House
All 2 actions, as published
- Feb 5Referred To Ways and MeansHouse of Representatives
- Jun 3Died In CommitteeHouse of Representatives