Mississippi Legislature

1999 Regular Session

Senate Bill 2113

[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:

101/05/99(S)Referred To Finance
202/24/99(S)Died In Committee

Background Information:

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

Senate Committee:

Principal Author: Nunnelee

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 02/24/99 at 14:24.



End Of Document

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