Mississippi Legislature

1998 Regular Session

House Bill 1676

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Income tax; allow self-employed individuals to deduct portion of self-employment taxes and health insurance costs.

History of Actions:

101/23/98(H)Referred To Ways and Means
202/25/98(H)Died In Committee

Background Information:

Effective dateJanuary 1, 1998
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

House Committee:

Principal Author: Rotenberry

Code Section: A 027-0007-0017

Title: AN ACT TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT CERTAIN HEALTH INSURANCE COSTS OF, AND SELF-EMPLOYMENT TAXES ASSESSED AGAINST, SELF-EMPLOYED INDIVIDUALS SHALL BE ALLOWED AS INDIVIDUAL NONBUSINESS DEDUCTIONS IN COMPUTING TAXABLE INCOME; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/25/98 at 17:28.



End Of Document

1998/History/HB\HB1676.htm