Became law as Chapter 347, Laws of 2022, signed March 17, 2022, 44 days after it was filed.
2022 Regular Session
House Bill 1529
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
Its course
February 1 to March 17, 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 action12 actions on 7 days
In the House of RepresentativesFeb 1 to Feb 21 day
Ways and MeansFeb 1 to Feb 10 days
In the SenateFeb 2 to Mar 1036 days
FinanceFeb 17 to Mar 1021 days
With the GovernorMar 10 to Mar 177 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 1 โ Feb 2
- Feb 1Referred to the House committee on Ways and Means
- Reported from committee in the House: title sufficient, do pass
- Feb 2Passed the House
In the Senate Feb 3 โ Mar 10
- Feb 3Sent to the Senate
- Feb 17Referred to the Senate committee on Finance
- Mar 10Reported from committee in the Senate: title sufficient, do pass
- Passed the Senate
To the Governor Mar 10 โ Mar 17
- Mar 10Released in the Senate to be sent on at once
- Returned to the House for enrolling
- Mar 11Enrolled bill signed in the House
- Enrolled bill signed in the Senate
- Mar 17Approved by the Governor
All 12 actions, as published
- Feb 1Referred To Ways and MeansHouse of Representatives
- Feb 1Title Suff Do PassHouse of Representatives
- Feb 2PassedHouse of Representatives
- Feb 3Transmitted To SenateHouse of Representatives
- Feb 17Referred To FinanceSenate
- Mar 10Title Suff Do PassSenate
- Mar 10PassedSenate
- Mar 10Immediate ReleaseSenate
- Mar 10Returned For EnrollingSenate
- Mar 11Enrolled Bill SignedHouse of Representatives
- Mar 11Enrolled Bill SignedSenate
- Mar 17Approved by GovernorGovernor