Did not become law. It stopped in the Senate's Finance Committee on February 24, 2021. The 2021 session has ended.
2021 Regular Session
Senate Bill 2438
Taxpayer Pay Raise Act; remove phase-out of income & franchise tax, and remove deduction of federal employment tax.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTION 27-7-5, MISSISSIPPI CODE OF 1972, TO REMOVE THE PROVISIONS THAT PHASE OUT, BEGINNING JANUARY 1, 2018, INCOME TAXATION ON THE FIRST $5,000.00 OF TAXABLE INCOME; TO AMEND SECTION 27-7-18, MISSISSIPPI CODE OF 1972, TO REMOVE A PROVISION THAT AUTHORIZES A PORTION OF THE FEDERAL SELF-EMPLOYMENT TAXES ASSESSED AGAINST SELF-EMPLOYED INDIVIDUALS TO BE ALLOWED AS AN ADJUSTMENT TO GROSS INCOME UNDER THE STATE INCOME TAX LAW; TO AMEND SECTIONS 27-13-5 AND 27-13-7, MISSISSIPPI CODE OF 1972, TO REMOVE THE PROVISIONS THAT PHASE OUT, BEGINNING JANUARY 1, 2018, THE CORPORATION FRANCHISE TAX; TO REPEAL SECTION 5, CHAPTER 499, LAWS OF 2016, WHICH REPEALS THE CORPORATION FRANCHISE LAW FROM AND AFTER JANUARY 1, 2028; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
Its course
January 18 to February 24, 2021, 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 SenateJan 18 to Feb 24 · stopped37 days
FinanceJan 18 to Feb 24 · 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.