Mississippi Legislature
2003 Regular Session

Senate Bill 2048

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Bill Text

History of Actions

Background

Title

Description: Income tax; increase exemption for National Guard and Reserve pay.

Bill Text: [Introduced]

History of Actions:

1 01/08 (S) Referred To Finance
2 02/26 (S) Died In Committee

Background Information:

Effective dateJanuary 1, 2003
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

Senate Committee:

Principal Author: Ross

Code Section: A 027-0007-0015

Title: AN ACT TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF COMPENSATION RECEIVED BY A MEMBER OF THE NATIONAL GUARD OR RESERVE FORCES OF THE UNITED STATES AS PAYMENT FOR INACTIVE DUTY TRAINING, ACTIVE DUTY TRAINING AND STATE ACTIVE DUTY, THAT IS EXEMPT FROM TAXATION UNDER THE STATE INCOME TAX LAW FROM $5,000.00 TO $15,000.00; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/26/03 at 15:20.

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