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 2960
Income tax; adjust rates for natural persons.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTION 27-7-5, MISSISSIPPI CODE OF 1972, TO ADJUST THE INCOME TAX RATES FOR NATURAL PERSONS; TO PROVIDE THAT, FROM AND AFTER JANUARY 1, 2022, NO TAX SHALL BE LEVIED, AUTHORIZED OR OTHERWISE PERMITTED UPON THE FIRST $10,000.00 OF WAGES OR PERSONAL INCOME OF NATURAL PERSONS; TO SET THE TAX RATE ON ALL WAGES OR PERSONAL INCOME OF NATURAL PERSONS IN EXCESS OF $10,000.00 AT 4.5%, TO DECREASE BY .50% EACH YEAR THEREAFTER UNTIL THE TAX RATE IS 0%; TO PROVIDE THAT, FROM AND AFTER JANUARY 1, 2031, NO TAX SHALL BE LEVIED, AUTHORIZED OR OTHERWISE PERMITTED UPON THE WAGES OR PERSONAL INCOME OF NATURAL PERSONS, NOR SHALL ANY STATE OR LOCAL TAX MEASURED BY PAYROLL, WAGES OR PERSONAL INCOME BE LEVIED, AUTHORIZED OR OTHERWISE PERMITTED; TO SPECIFY THAT THESE ADJUSTMENTS SHALL NOT BE CONSTRUED AS PROHIBITING ANY OTHER TAXING AUTHORITY SET FORTH IN THE CONSTITUTION AND IN EFFECT ON JULY 1, 2021, OR ADJUSTMENT OF THE RATE OF SUCH TAX; 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
Sponsor
Its course
February 16 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 SenateFeb 16 to Feb 24 · stopped8 days
FinanceFeb 16 to Feb 24 · 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.