Mississippi Legislature
2002 Regular Session

Senate Bill 2895

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Bill Text

History of Actions

Background

Title

Description: Income tax; provide for discretionary rather than mandatory interest/penalty in case of underpayment or failure to pay tax (STC).

Bill Text: [Introduced]

History of Actions:

1 01/21 (S) Referred To Finance
2 02/05 (S) Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

Senate Committee:

Principal Author: Minor

Additional Author: Carlton

Code Sections: A 027-0007-0051, A 027-0007-0053

Title: AN ACT TO AMEND SECTIONS 27-7-51 AND 27-7-53, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT IF A TAXPAYER MAKES AN UNDERPAYMENT INCOME TAX, FAILS TO FILE AN INCOME TAX RETURN OR FAILS TO PAY INCOME TAX, THE ASSESSMENT OF INTEREST AND PENALTIES AGAINST THE TAXPAYER FOR SUCH UNDERPAYMENT OR FAILURE SHALL BE DISCRETIONARY RATHER THAN MANDATORY; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/05/02 at 18:17.

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2002/html/History/SB/SB2895.htm