Mississippi Legislature
2004 Regular Session

Senate Bill 2044

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Bill Text

History of Actions

Background

Title

Description: Income tax; revise certain provisions regarding gains and losses and business deductions.

Bill Text: [Introduced]

History of Actions:

1 01/13 (S) Referred To Finance
2 03/31 (S) Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

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 03/31/04 at 12:14.

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