Mississippi Legislature

1997 Regular Session

Senate Bill 2121

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Tax credits; income and franchise tax credits for research and development expenses.

History of Actions:

101/07/97(S)Referred To Finance
202/26/97(S)Died In Committee

Background Information:

Effective date*January 1, 1997
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

Senate Committee:

Principal Author: Carter

Title: AN ACT TO PROVIDE AN INCOME AND CORPORATE FRANCHISE TAX CREDIT FOR TAXPAYERS PERFORMING CERTAIN TYPES OF RESEARCH AND DEVELOPMENT ACTIVITIES; TO AUTHORIZE SUCH CREDIT TO BE CARRIED FORWARD TEN YEARS UNDER CERTAIN CIRCUMSTANCES; TO REQUIRE THE MISSISSIPPI DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT TO REPORT ANNUALLY REGARDING THE IMPACT OF SUCH CREDIT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 12/17/96 at 13:23.



End Of Document

1997/History/SB\SB2121.htm