Mississippi Legislature
2002 Regular Session

House Bill 1838

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Bill Text

History of Actions

Background

Title

Description: Income tax; place 3% tax on gaming winnings paid by unlicensed gaming establishments to be collected by the gaming establishment (STC).

Bill Text: [Introduced]

History of Actions:

1 02/21 (H) Referred To Ways and Means
2 02/27 (H) Died In Committee

Background Information:

Effective dateJanuary 1, 2002
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: McCoy

Code Sections: A 027-0007-0015, A 027-0007-0017

Title: AN ACT TO LEVY A 3% TAX UPON AMOUNTS THAT ARE PAID TO PATRONS BY GAMING ESTABLISHMENTS LOCATED IN THIS STATE THAT ARE NOT LICENSED UNDER THE PROVISIONS OF THE GAMING CONTROL ACT; TO PROVIDE THAT THE TAX SHALL BE COLLECTED BY THE GAMING ESTABLISHMENTS AND REMITTED TO THE STATE TAX COMMISSION; TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO EXCLUDE FROM THE DEFINITION OF "GROSS INCOME" AMOUNTS THAT ARE SUBJECT TO SUCH TAX; TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT INDIVIDUALS MAY NOT DEDUCT GAMING LOSSES FROM SUCH ESTABLISHMENTS OR THE AMOUNT OF THE TAXES COLLECTED PURSUANT TO THIS ACT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/27/02 at 16:58.

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2002/html/History/HB/HB1838.htm