Mississippi Legislature

1998 Regular Session

House Bill 786

[Introduced] [Passed House] [Sent to Governor]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Income tax; delete repealer on the tax credit for certain port charges and delete limit on maximum amount of credit (DECD).

History of Actions:

101/08/98(H)Referred To Ways and Means
202/18/98(H)Title Suff Do Pass
302/24/98(H)Passed
402/25/98(H)Transmitted To Senate
502/26/98(S)Referred To Finance
603/12/98(S)Title Suff Do Pass As Amended
703/13/98(S)Amended
803/13/98(S)Passed As Amended
903/16/98(S)Returned For Concurrence
1003/18/98(H)Decline to Concur/Invite Conf
1103/20/98(H)Conferees Named Ryan,Compretta,Taylor
1203/26/98(S)Conferees Named Bryan,Canon,Dickerson
1303/28/98(H)Conference Report Filed
1403/28/98(S)Conference Report Filed
1503/29/98(S)Conference Report Adopted
1603/30/98(H)Conference Report Adopted
1704/02/98(H)Enrolled Bill Signed
1804/03/98(S)Enrolled Bill Signed
1904/03/98Due From Governor 04/21/98
2004/14/98Approved by Governor

Background Information:

Effective dateJuly 1, 1998
DispositionLaw
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes
Chapter number548

House Committee:

Senate Committee:

Principal Author: Williams

Additional Authors: Dedeaux, Simpson, Fredericks, Peranich

Code Sections: A 027-0007-0022.7, R 027-0007-0022.9

Title: AN ACT TO REENACT SECTIONS 27-7-22.7 AND 27-7-22.9, MISSISSIPPI CODE OF 1972, WHICH PROVIDE AN INCOME TAX CREDIT FOR INCOME TAXPAYERS THAT UTILIZE PORT FACILITIES AT STATE, COUNTY AND MUNICIPAL PORTS FOR THE EXPORT OF CARGO AND REQUIRE THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT TO REPORT ANNUALLY TO THE LEGISLATURE REGARDING THE IMPACT OF SUCH TAX CREDIT; TO AMEND REENACTED SECTION 27-7-22.7, MISSISSIPPI CODE OF 1972, TO INCREASE THE LIMIT ON THE MAXIMUM CUMULATIVE AMOUNT OF THE INCOME TAX CREDIT FOR INCOME TAXPAYERS THAT UTILIZE PORT FACILITIES AT STATE, COUNTY AND MUNICIPAL PORTS FOR THE EXPORT OF CARGO; TO AMEND SECTION 4, CHAPTER 492, LAWS OF 1994, TO EXTEND THE REPEALER ON SECTIONS 27-7-22.7 AND 27-7-22.9, MISSISSIPPI CODE OF 1972, UNTIL DECEMBER 31, 2002; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 05/05/98 at 08:45.



End Of Document

1998/History/HB\HB0786.htm