Did not become law. It stopped in the Senate's Finance Committee on March 27, 2024. The 2024 session has ended.
2024 Regular Session
Senate Bill 2986
Mississippi Affordable Housing Tax Credit Act; enact.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO ENACT THE MISSISSIPPI AFFORDABLE HOUSING TAX CREDIT ACT; TO PROVIDE A TAX CREDIT AGAINST MISSISSIPPI STATE INCOME TAX, FRANCHISE TAX OR INSURANCE PREMIUM TAX LIABILITY FOR ELIGIBLE INVESTORS IN LOW-INCOME AFFORDABLE HOUSE PROJECTS APPROVED BY THE MISSISSIPPI HOME CORPORATION; TO ESTABLISH STANDARDS FOR QUALIFIED PROJECTS AND THE TAX CREDIT TO BE ADMINISTERED BY THE MISSISSIPPI HOME CORPORATION; TO PROVIDE THAT STATE CREDITS SHALL NOT EXCEED FEDERAL LOW-INCOME HOUSING TAX CREDITS AND TO ESTABLISH A STATE CAP FOR THE CREDITS; TO PROVIDE FOR THE CARRYOVER OF UNUSED CREDITS; TO REQUIRE REVIEW OF THE 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 Senate
Sponsor
Its course
March 8 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 SenateMar 8 to Mar 27 · stopped19 days
FinanceMar 8 to Mar 27 · stopped19 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.