Mississippi Legislature
2004 Regular Session

House Bill 1780

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Bill Text

History of Actions

Amendments

Background

Title

Description: Taxation; provide certain tax incentives for the production of motion pictures in Mississippi.

Bill Text: [Introduced] [Passed House] [Sent to Governor]

History of Actions:

1 03/26 (H) Referred To Ways and Means
2 03/30 (H) Title Suff Do Pass
3 03/31 (H) Amended
4 03/31 (H) Passed As Amended
5 04/01 (H) Transmitted To Senate
6 04/02 (S) Referred To Finance
7 04/19 (S) Title Suff Do Pass As Amended
8 04/20 (S) Amended
9 04/20 (S) Passed As Amended
10 04/21 (S) Returned For Concurrence
11 04/22 (H) Decline to Concur/Invite Conf
12 04/26 (H) Conferees Named Watson,Formby,Fredericks
13 04/27 (S) Conferees Named Robertson,Nunnelee,Dawkins
14 05/01 (S) Conference Report Filed
15 05/01 (H) Conference Report Filed
16 05/02 (H) Conference Report Adopted
17 05/02 (S) Conference Report Adopted
18 05/06 (H) Enrolled Bill Signed
19 05/06 (S) Enrolled Bill Signed
20 05/12 Approved by Governor

Amendments/Conference Report:

Adopted [H] Amendment No 1
Adopted [S] Committee Amendment No 1
   
[S] Amendment Report for House Bill No. 1780

Conference Report

Background Information:

Effective dateJuly 1, 2004
DispositionLaw
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths
Chapter number528

House Committee:

Senate Committee:

Principal Author: Peranich

Additional Authors: Bailey, Blackmon, Calhoun, Coleman (65th), Formby, Fredericks, Howell, Martinson, Mayo, Morris, Patterson, Perkins, Reynolds, Rogers (61st), Rotenberry, Staples, Upshaw, Watson, Whittington, Woods, Young, Ellington, Janus, Smith (39th)

Code Sections: A 027-0065-0011, A 027-0065-0101

Title: AN ACT TO ENACT THE MISSISSIPPI MOTION PICTURE INCENTIVE ACT; TO PROVIDE THAT A MOTION PICTURE PRODUCTION COMPANY SHALL BE ENTITLED TO AN INCOME TAX CREDIT FOR THE EMPLOYMENT OF RESIDENTS OF MISSISSIPPI IN CONNECTION WITH THE PRODUCTION OF A MOTION PICTURE; TO PROVIDE FOR THE AMOUNT OF THE CREDIT; TO PROVIDE FOR A REBATE OF A PERCENTAGE OF THE INVESTMENT MADE BY A MOTION PICTURE PRODUCTION COMPANY IN CERTAIN MOTION PICTURES; TO PROVIDE FOR THE AMOUNT OF THE REBATE; TO AMEND SECTION 27-65-11, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "MANUFACTURING MACHINERY" UNDER THE STATE SALES TAX LAW TO INCLUDE CERTAIN MACHINERY AND EQUIPMENT USED IN THE PRODUCTION OF MOTION PICTURES; TO AMEND SECTION 27-65-101, MISSISSIPPI CODE OF 1972, TO CREATE AN INDUSTRIAL SALES TAX EXEMPTION FOR SALES OF CERTAIN MACHINERY AND EQUIPMENT USED IN THE PRODUCTION OF MOTION PICTURES; TO PROVIDE THAT INCOME RECEIVED FROM THE STRIPPING AND PAINTING OF COMMERCIAL AIRCRAFT ENGAGED IN FOREIGN OR INTERSTATE TRANSPORTATION BUSINESS SHALL BE EXEMPT FROM SALES TAXATION; TO CREATE AN INDUSTRIAL SALES TAX EXEMPTION FOR LEASES OF MACHINERY AND EQUIPMENT ACQUIRED IN THE INITIAL CONSTRUCTION OF FACILITIES FOR OR FOR THE EXPANSION OF A BUSINESS ENTERPRISE IN A GROWTH AND PROSPERITY COUNTY; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 05/12/04 at 19:04.

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2004/pdf/History/HB/HB1780.htm