Bill Text | History of Actions | Background | Title |
Description: Finance company privilege tax; provide for credit against where tax is assessed for prior year.
Bill Text: [Introduced]
| 1 | 02/21 (H) Referred To Ways and Means | |
| 2 | 02/21 (H) Died In Committee |
| Effective date | July 1, 2001 | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
House Committee:
Principal Author: Guice
Code Section: A 027-0021-0009
Title: AN ACT TO AMEND SECTION 27-21-9, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR A CREDIT AGAINST THE FINANCE COMPANY PRIVILEGE TAX IN CASES WHERE THE TAX IS ASSESSED FOR A TAX YEAR BEFORE THE CALENDAR YEAR IN WHICH THE PRIVILEGE TAX WILL BE PAID; TO PROVIDE THAT THE CREDIT WILL BE THE AMOUNT OF INCOME TAX PAID BY THE TAXPAYER FOR THE SAME TAX YEAR FOR WHICH THE PRIVILEGE TAX WAS ASSESSED, NOT TO EXCEED THE TOTAL AMOUNT OF THE PRIVILEGE TAX OTHERWISE DUE FOR THAT TAX YEAR; AND FOR RELATED PURPOSES.
End Of Document
2001/html/History/HB/HB1656.htm