l9n/ Mississippi

2022 Regular Session

House Bill 661

Hotel construction projects; authorize sales tax incentive for.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on February 1, 2022. The 2022 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE AN INCENTIVE FOR PERSONS, CORPORATIONS OR OTHER ENTITIES TO CONSTRUCT HOTELS IN THIS STATE; TO CREATE THE HOTEL CONSTRUCTION PROJECT SALES TAX INCENTIVE FUND; TO AUTHORIZE INCENTIVE PAYMENTS FROM SUCH FUND TO APPROVED PARTICIPANTS THAT INCUR COSTS TO CONSTRUCT HOTELS IN THIS STATE; TO PROVIDE THAT INCENTIVE PAYMENTS SHALL CEASE ON THE OCCURRENCE OF THE EARLIER OF THE DATE THAT AN AGGREGATE AMOUNT OF 30% OF THE APPROVED PROJECT COSTS INCURRED BY AN APPROVED PARTICIPANT FOR A HOTEL PROJECT HAS BEEN PAID TO THE APPROVED PARTICIPANT OR 15 YEARS AFTER THE DATE THE HOTEL PROJECT OPENS FOR COMMERCIAL OPERATION; TO REQUIRE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO ADMINISTER THE PROGRAM; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A PORTION OF THE SALES TAX REVENUE COLLECTED FROM THE OPERATION OF A HOTEL PROJECT SHALL BE DEPOSITED, AFTER CERTAIN DIVERSIONS, INTO THE HOTEL CONSTRUCTION PROJECT SALES TAX INCENTIVE FUND; 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

January 17 to February 1, 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 1 · stopped15 days

Ways and MeansJan 17 to Feb 1 · stopped15 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 1

  1. Jan 17Referred to the House committee on Ways and Means
  2. Feb 1Died in committee in the House
All 2 actions, as published
  1. Jan 17Referred To Ways and MeansHouse of Representatives
  2. Feb 1Died In CommitteeHouse of Representatives