Mississippi Legislature

1997 Regular Session

Senate Bill 3208

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Income taxation; grant an income tax credit to businesses providing certain services to impoverished areas.

History of Actions:

102/25/97(S)Referred To Finance
202/26/97(S)Died In Committee

Background Information:

Effective dateJuly 1, 1997
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

Senate Committee:

Principal Author: Horhn

Additional Author: Simmons

Code Section: A 057-0073-0021

Title: AN ACT TO GRANT A TAX CREDIT TO CERTAIN BUSINESSES THAT ENGAGE IN OR CONTRIBUTE TO NEIGHBORHOOD ORGANIZATIONS WHICH ENGAGE IN THE ACTIVITY OF PROVIDING CERTAIN SERVICES IN IMPOVERISHED AREAS; TO PROVIDE THE MAXIMUM DOLLAR AMOUNT OF TAX CREDIT THAT MAY BE GRANTED IN ANY ONE FISCAL YEAR; TO PROVIDE THE AMOUNT OF THE TAX CREDIT THAT MAY BE CLAIMED BY ANY BUSINESS; TO AMEND SECTION 57-73-21, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF THE JOB TAX CREDIT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/25/97 at 11:12.



End Of Document

1997/History/SB\SB3208.htm