Did not become law. It stopped in the House of Representatives's Ways and Means Committee on February 23, 2022. The 2022 session has ended.
2022 Regular Session
House Bill 1498
Income tax; revise definition of gross income and authorize deduction for certain expenses.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "GROSS INCOME" UNDER THE STATE INCOME TAX LAW TO EXCLUDE AMOUNTS RECEIVED AS GRANTS UNDER THE SHUTTERED VENUE OPERATORS GRANT PROGRAM AND RESTAURANT REVITALIZATION FUND AUTHORIZED BY THE ECONOMIC AID TO HARD-HIT SMALL BUSINESSES, NONPROFITS, AND VENUES ACT, AND AMENDED BY THE FEDERAL AMERICAN RESCUE PLAN ACT; TO EXCLUDE AMOUNTS RECEIVED AS GRANTS UNDER THE MISSISSIPPI AGRICULTURE STABILIZATION ACT; TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO AUTHORIZE INCOME TAX DEDUCTIONS FOR OTHERWISE DEDUCTIBLE EXPENSES THAT WERE ALLOWED AS DEDUCTIONS UNDER SECTION 57-121-7; TO AUTHORIZE INCOME TAX DEDUCTIONS FOR OTHERWISE DEDUCTIBLE EXPENSES IF PAYMENT FOR SUCH EXPENSES IS MADE WITH THE GRANT OR LOAN PROGRAM OF THE SHUTTERED VENUE OPERATORS GRANT PROGRAM AND RESTAURANT REVITALIZATION FUND AUTHORIZED BY THE ECONOMIC AID TO HARD-HIT SMALL BUSINESSES, NONPROFITS, AND VENUES ACT, AND AMENDED BY THE FEDERAL AMERICAN RESCUE PLAN ACT OR THE MISSISSIPPI AGRICULTURE STABILIZATION ACT; TO AMEND SECTION 57-121-7, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PROVISIONS OF THIS ACT; 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
January 17 to February 23, 2022, 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 17 to Feb 23 · stopped37 days
Ways and MeansJan 17 to Feb 23 · 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 17 – Feb 23
- Jan 17Referred to the House committee on Ways and Means
- Feb 23Died in committee in the House
All 2 actions, as published
- Jan 17Referred To Ways and MeansHouse of Representatives
- Feb 23Died In CommitteeHouse of Representatives