[Introduced] [Committee Substitute] [Passed Senate]
History of Actions | Background | Title |
Description: Income tax; conform certain provisions to the Internal Revenue Code (STC).
1 | 01/09/98 | (S) | Referred To Finance | |
2 | 02/19/98 | (S) | Title Suff Do Pass Comm Sub | |
3 | 02/20/98 | (S) | Committee Substitute Adopted | |
4 | 02/20/98 | (S) | Passed | |
5 | 02/23/98 | (S) | Transmitted To House | |
6 | 02/24/98 | (H) | Referred To Ways and Means | |
7 | 03/12/98 | (H) | Title Suff Do Pass As Amended | |
8 | 03/16/98 | (H) | Read the Third Time | |
9 | 03/17/98 | (H) | Died On Calendar |
Effective date | January 1, 1998 | |
Disposition | Dead | |
Deadline | Revenue/Appropriation | |
Revenue | Yes | |
3/5ths vote required | Yes |
Senate Committee:
House Committee:
Principal Author: Bryan
Code Sections: A 027-0007-0009, A 027-0007-0017, A 027-0007-0101
Title: AN ACT TO AMEND SECTION 27-7-9, MISSISSIPPI CODE OF 1972, TO REMOVE AN OBSOLETE REFERENCE IN THE INCOME TAX LAW OF 1952; TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT FOR ANY TAXABLE YEAR ENDING AFTER DECEMBER 31, 1997, THE PERIOD FOR NET OPERATING LOSS CARRYBACKS AND NET OPERATING LOSS CARRYOVERS SHALL BE THE SAME AS THOSE ESTABLISHED BY THE INTERNAL REVENUE CODE AND TO PROVIDE THAT THE DEDUCTION FOR POLLUTION OR ENVIRONMENTAL CONTROL FACILITIES SHALL BE THE SAME AS ALLOWED UNDER THE INTERNAL REVENUE CODE; TO AMEND SECTION 27-7-101, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE DEFINITION OF CERTAIN TERMS RELATING TO CAPITAL GAINS SHALL BE THE SAME AS THOSE TERMS ARE DEFINED UNDER THE INTERNAL REVENUE CODE; AND FOR RELATED PURPOSES.
End Of Document
1998/History/SB\SB2449.htm