Mississippi Legislature

1998 Regular Session

House Bill 451

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Income tax; provide credit for employers hiring students as part of certain cooperative or school-to-work education programs.

History of Actions:

101/06/98(H)Referred To Ways and Means
202/25/98(H)Died In Committee

Background Information:

Effective dateJanuary 1, 1999
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

House Committee:

Principal Author: King

Title: AN ACT TO PROVIDE AN INCOME TAX CREDIT TO EMPLOYERS, WHO IN PARTICIPATION WITH CERTAIN EDUCATIONAL INSTITUTIONS, EMPLOY STUDENTS AS PART OF COOPERATIVE OR SCHOOL-TO-WORK EDUCATION PROGRAMS; TO LIMIT THE AMOUNT OF SUCH CREDIT; TO PROVIDE THAT AN EMPLOYER MUST FILE A CERTIFICATE OF PARTICIPATION WITH THE STATE TAX COMMISSION IN ORDER TO BE ELIGIBLE FOR THE TAX CREDIT; TO REQUIRE THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING, THE STATE BOARD FOR COMMUNITY AND JUNIOR COLLEGES, THE STATE DEPARTMENT OF EDUCATION, THE MISSISSIPPI DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT AND THE STATE TAX COMMISSION TO PROMULGATE RULES AND REGULATIONS NECESSARY TO ADMINISTER THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/25/98 at 17:31.



End Of Document

1998/History/HB\HB0451.htm