l9n/ Mississippi

2025 Regular Session

Senate Bill 3126

Income tax; authorize credit for added tax revenue from certain nongaming capital investment projects at casinos.

Did not become law. It stopped in the Senate on April 3, 2025. The 2025 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO PROVIDE AN INCOME TAX CREDIT FOR CERTAIN GAMING LICENSEES MAKING EXPENDITURES ON BEHALF OF GROWTH CAPITAL INVESTMENT PROJECTS CONSTRUCTING OR EXPANDING NONGAMING FACILITIES AT EXISTING CASINO PROPERTIES, FOR THE PURPOSE OF INCREASING ECONOMIC ACTIVITY AT SUCH PROPERTIES; TO PROVIDE THAT THE CREDIT SHALL BE FOR AN AMOUNT EQUAL TO 50% OF THE INCREMENTAL GAMING TAXES PAID BY THE ENTITY; TO DEFINE INCREMENTAL GAMING TAXES AS THE DIFFERENCE BETWEEN AN ENTITY'S GAMING TAXES PAID ANNUALLY FOR THE FIRST 10 YEARS AFTER THE OPENING OF THE GROWTH CAPITAL INVESTMENT PROJECT AND THE ANNUALIZED AVERAGE OF THE ENTITY'S GAMING TAXES PAID FOR THE THREE-YEAR PERIOD BEFORE THE OPENING OF SUCH PROJECT; TO PROVIDE THAT THE AMOUNT OF THE CREDIT THAT MAY BE UTILIZED BY AN ENTITY IN ANY TAX YEAR SHALL BE NOT GREATER THAN THE TOTAL INCOME TAX LIABILITY OF THE ENTITY, AND THE TOTAL AMOUNT OF THE CREDIT CLAIMED FOR ANY PROJECT MAY NOT EXCEED THE COST OF THAT PROJECT; TO ALLOW AN UNUSED CREDIT TO BE CARRIED FORWARD FOR FIVE CONSECUTIVE YEARS AFTER THE CREDIT WAS EARNED; TO PROVIDE THAT AN ENTITY SHALL APPLY TO THE MISSISSIPPI GAMING COMMISSION, WHICH SHALL DETERMINE THE ELIGIBILITY OF AN EXPENDITURE TO QUALIFY AS A GROWTH CAPITAL INVESTMENT PROJECT FOR PURPOSES OF THE CREDIT; TO PROVIDE THAT THE GAMING COMMISSION SHALL NOT ISSUE CERTIFICATES OF ELIGIBILITY UNDER THIS ACT AFTER DECEMBER 31, 2029; 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

4 co-sponsors

Brice Wiggins, Jeremy England, Philman Ladner, Mike Thompson

Its course

February 24 to April 3, 2025, 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 action19 actions on 13 days

In the SenateFeb 24 to Feb 262 days

FinanceFeb 24 to Feb 251 day

In the House of RepresentativesFeb 26 to Mar 1820 days

Ways and MeansMar 3 to Mar 1714 days

Accountability, Efficiency, TransparencyMar 17 to Mar 181 day

Ways and MeansMar 18 to Mar 180 days

Back in the SenateMar 18 to Apr 3 · stopped16 days

Amendments

Each amendment offered, and what became of it.

  • Senate floor amendmentAdopted

    Adopted Feb 26

  • House of Representatives committee amendmentAdopted

    Adopted Mar 18

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 Senate Feb 24 – Feb 26

  1. Feb 24Referred to the Senate committee on Finance
  2. Feb 25Reported from committee in the Senate: title sufficient, do pass
  3. Feb 26Amended in the Senate
  4. Passed the Senate as amended

In the House of Representatives Feb 28 – Mar 18

  1. Feb 28Sent to the House
  2. Mar 3Referred to the House committees on Ways and Means and on Accountability, Efficiency, Transparency
  3. Mar 17Reported as amended from WM to AC in the House: title sufficient, do pass
  4. Mar 18Reported as amended from AC to WM in the House: title sufficient, do pass
  5. Reported from committee in the House: title sufficient, do pass as amended
  6. Amended in the House
  7. Passed the House as amended

Back in the Senate Mar 19 – Apr 3

  1. Mar 19Returned to the Senate to concur in the House's amendments
  2. Mar 20Declined in the Senate to concur, and invited a conference
  3. Mar 27Conferees named in the Senate: Harkins, DeLano and Thompson
  4. Mar 28Conferees named in the House: Lamar, Steverson and Ford (54th)
  5. Conference report filed in the Senate
  6. Conference report filed in the House
  7. Mar 31Conference report adopted in the Senate
  8. Apr 3Died on the calendar in the House
All 19 actions, as published
  1. Feb 24Referred To FinanceSenate
  2. Feb 25Title Suff Do PassSenate
  3. Feb 26AmendedSenate
  4. Feb 26Passed As AmendedSenate
  5. Feb 28Transmitted To HouseSenate
  6. Mar 3Referred To Ways and Means;Accountability, Efficiency, TransparencyHouse of Representatives
  7. Mar 17DR - TSDPAA: WM To ACHouse of Representatives
  8. Mar 18DR - TSDPAA: AC To WMHouse of Representatives
  9. Mar 18Title Suff Do Pass As AmendedHouse of Representatives
  10. Mar 18AmendedHouse of Representatives
  11. Mar 18Passed As AmendedHouse of Representatives
  12. Mar 19Returned For ConcurrenceHouse of Representatives
  13. Mar 20Decline to Concur/Invite ConfSenate
  14. Mar 27Conferees Named Harkins,DeLano,ThompsonSenate
  15. Mar 28Conferees Named Lamar,Steverson,Ford (54th)House of Representatives
  16. Mar 28Conference Report FiledSenate
  17. Mar 28Conference Report FiledHouse of Representatives
  18. Mar 31Conference Report AdoptedSenate
  19. Apr 3Died On CalendarHouse of Representatives