Mississippi Legislature

1998 Regular Session

Senate Bill 3136

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Income taxation; grant an income tax credit to businesses providing certain services to impoverished areas.

History of Actions:

101/19/98(S)Referred To Finance
202/25/98(S)Died In Committee

Background Information:

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

Senate Committee:

Principal Author: Horhn

Code Section: A 057-0073-0021

Title: AN ACT TO GRANT A TAX CREDIT TO CERTAIN BUSINESSES THAT ENGAGE IN OR CONTRIBUTE TO NEIGHBORHOOD ORGANIZATIONS WHICH ENGAGE IN THE ACTIVITY OF PROVIDING CERTAIN SERVICES IN IMPOVERISHED AREAS; TO PROVIDE THE MAXIMUM DOLLAR AMOUNT OF TAX CREDIT THAT MAY BE GRANTED IN ANY ONE FISCAL YEAR; TO PROVIDE THE AMOUNT OF THE TAX CREDIT THAT MAY BE CLAIMED BY ANY BUSINESS; TO AMEND SECTION 57-73-21, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF THE JOB TAX CREDIT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/25/98 at 17:19.



End Of Document

1998/History/SB\SB3136.htm