l9n/ Mississippi

2026 Regular Session

House Bill 489

Income tax; exclude payment for property taken by eminent domain from gross income.

Did not become law. It stopped in the Senate's Finance Committee on March 17, 2026.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO EXCLUDE FROM THE DEFINITION OF "GROSS INCOME" FOR PURPOSES OF THE STATE INCOME TAX LAW AMOUNTS RECEIVED AS PAYMENT FOR COMPENSATION OR DAMAGES FOR PROPERTY TAKEN BY EMINENT DOMAIN OR CONDEMNATION AS AUTHORIZED BY LAW, PROVIDED THAT THE PURCHASE DATE FOR THE PROPERTY IS NOT LESS THAN FIVE YEARS BEFORE THE DATE THE PROPERTY IS TAKEN BY EMINENT DOMAIN OR CONDEMNATION; 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 12 to March 17, 2026, 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 action6 actions on 6 days

In the House of RepresentativesJan 12 to Feb 2544 days

Ways and MeansJan 12 to Feb 2443 days

In the SenateFeb 25 to Mar 17 · stopped20 days

FinanceMar 4 to Mar 17 · stopped13 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 12 – Feb 25

  1. Jan 12Referred to the House committee on Ways and Means
  2. Feb 24Reported from committee in the House: title sufficient, do pass
  3. Feb 25Passed the House

In the Senate Feb 26 – Mar 17

  1. Feb 26Sent to the Senate
  2. Mar 4Referred to the Senate committee on Finance
  3. Mar 17Died in committee in the Senate
All 6 actions, as published
  1. Jan 12Referred To Ways and MeansHouse of Representatives
  2. Feb 24Title Suff Do PassHouse of Representatives
  3. Feb 25PassedHouse of Representatives
  4. Feb 26Transmitted To SenateHouse of Representatives
  5. Mar 4Referred To FinanceSenate
  6. Mar 17Died In CommitteeSenate