l9n/ Mississippi

2024 Regular Session

House Bill 658

Qualified equity investment tax credits; revise certain provisions and extend authority of Mississippi Development Authority to allocate.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on March 27, 2024. The 2024 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 57-105-1, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERMS "ADJUSTED PURCHASE PRICE" AND "QUALIFIED EQUITY INVESTMENT" FOR THE PURPOSES OF THE PROGRAM THAT AUTHORIZES THE MISSISSIPPI DEVELOPMENT AUTHORITY TO ALLOCATE INCOME TAX CREDITS AND INSURANCE PREMIUM TAX CREDITS FOR TAXPAYERS HOLDING CERTAIN QUALIFIED EQUITY INVESTMENTS; TO REVISE THE AMOUNT OF TAX CREDITS THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY MAY ALLOCATE UNDER THE PROGRAM DURING THE STATE FISCAL YEAR COMMENCING JUNE 30, 2024, AND ENDING JULY 1, 2025; TO EXTEND UNTIL JANUARY 1, 2027, THE DATE AFTER WHICH THE MISSISSIPPI DEVELOPMENT AUTHORITY SHALL NOT ALLOCATE TAX CREDITS UNDER SUCH PROGRAM; 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 26 to March 27, 2024, 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 26 to Mar 27 · stopped61 days

Ways and MeansJan 26 to Mar 27 · stopped61 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 26 – Mar 27

  1. Referred to the House committee on Ways and Means
  2. Died in committee in the House
All 2 actions, as published