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).
| 1 | 01/19/98 | (S) | Referred To Finance | |
| 2 | 02/25/98 | (S) | Died In Committee |
| Effective date | July 1, 1998 | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
Senate Committee:
Principal Author: Bryan
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 DELETE 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 DELETE THE REPEALER ON SECTIONS 27-7-22.7 AND 27-7-22.9, MISSISSIPPI CODE OF 1972; AND FOR RELATED PURPOSES.
End Of Document
1998/History/SB\SB2806.htm