Mississippi Legislature

1998 Regular Session

Senate Bill 3266

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Income tax; revise certain provisions regarding gains and losses and business deductions.

History of Actions:

102/24/98(S)Referred To Finance
202/25/98(S)Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

Senate Committee:

Principal Author: Nunnelee

Additional Author: Gordon

Code Sections: A 027-0007-0009, A 027-0007-0017

Title: AN ACT TO AMEND SECTION 27-7-9, MISSISSIPPI CODE OF 1972, TO DELETE THE REQUIREMENT THAT CERTAIN TRANSACTIONS ENTERED INTO BY CORPORATIONS BE ADJUSTED OR ELIMINATED FOR INCOME TAX PURPOSES; TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO REVISE CERTAIN PROVISIONS REGARDING THE TREATMENT OF CERTAIN INTEREST EXPENSE AS A BUSINESS DEDUCTION; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/25/98 at 17:21.



End Of Document

1998/History/SB\SB3266.htm