History of Actions | Background | Title |
Description: Income taxation; adjust income tax rates for inflation.
| 1 | 01/08/97 | (S) | Referred To Finance | |
| 2 | 02/26/97 | (S) | Died In Committee |
| Effective date | January 1, 1998 | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
Senate Committee:
Principal Author: Kirby
Additional Author: White (29th)
Code Sections: A 027-0007-0005, A 027-0007-0017, A 027-0007-0021
Title: AN ACT TO AMEND SECTIONS 27-7-5 AND 27-7-17, MISSISSIPPI CODE OF 1972, TO ADJUST THE INCOME TAX RATES AND THE OPTIONAL STANDARD DEDUCTION FOR CHANGES IN THE UNITED STATES INFLATION RATE BEGINNING WITH THE CALENDAR YEAR 2001; TO AMEND SECTION 27-7-21, MISSISSIPPI CODE OF 1972, TO INCREASE THE INCOME TAX EXEMPTION FOR SINGLE INDIVIDUALS, MARRIED INDIVIDUALS AND HEAD OF FAMILY INDIVIDUALS IN SPECIFIC AMOUNTS FOR THE 1998, 1999 AND 2000 CALENDAR YEARS; TO ADJUST ALL INCOME TAX EXEMPTIONS FOR INDIVIDUALS FOR CHANGES IN THE UNITED STATES INFLATION RATE BEGINNING WITH THE CALENDAR YEAR 2001; AND FOR RELATED PURPOSES.
End Of Document
1997/History/SB\SB2266.htm