Mississippi Legislature

1997 Regular Session

House Bill 1515

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Income tax; repeal law requiring buyer to withhold certain percentage of sales price in certain property sales.

History of Actions:

101/20/97(H)Referred To Ways and Means
202/04/97(H)Died In Committee

Background Information:

Effective dateJuly 1, 1997
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

House Committee:

Principal Author: Morris

Code Section: RP 027-0007-0308

Title: AN ACT TO REPEAL SECTION 27-7-308, MISSISSIPPI CODE OF 1972, WHICH REQUIRES THE BUYER TO WITHHOLD A CERTAIN PERCENTAGE OF THE SALE PROCEEDS IN CERTAIN SALES OF REAL PROPERTY AND ASSOCIATED TANGIBLE PERSONAL PROPERTY WHEN THE OWNER OF THE PROPERTY IS A NONRESIDENT OF THE STATE OF MISSISSIPPI; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 01/21/97 at 11:57.



End Of Document

1997/History/HB\HB1515.htm