History of Actions | Background | Title |
Description: Income tax; increase standard deduction and exemption for married individuals.
| 1 | 01/10/97 | (H) | Referred To Ways and Means | |
| 2 | 02/26/97 | (H) | Died In Committee |
| Effective date | January 1, 1998 | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
House Committee:
Principal Author: Denny
Code Sections: A 027-0007-0017, A 027-0007-0021
Title: AN ACT TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $3,400.00 TO $4,600.00 THE INCOME TAX OPTIONAL STANDARD DEDUCTION FOR MARRIED INDIVIDUALS FILING JOINTLY AND TO INCREASE FROM $1,700.00 TO $2,300.00 THE INCOME TAX OPTIONAL STANDARD DEDUCTION FOR MARRIED INDIVIDUALS FILING SEPARATELY; TO AMEND SECTION 27-7-21, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $9,500.00 TO $12,000.00 THE EXEMPTION FROM INCOME TAX ALLOWED FOR MARRIED INDIVIDUALS LIVING TOGETHER; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB0986.htm