Mississippi Legislature
2005 Regular Session

House Bill 418

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Bill Text

History of Actions

Background

Title

Description: Income tax; increase amount of national guard and reserve compensation excluded from gross income.

Bill Text: [Introduced]

History of Actions:

1 01/07 (H) Referred To Ways and Means
2 02/23 (H) Died In Committee

Background Information:

Effective dateJanuary 1, 2005
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: Pierce

Code Section: A 027-0007-0015

Title: AN ACT TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $5,000.00 TO $10,000.00, 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 EXCLUDED FROM THE MEANING OF "GROSS INCOME" FOR PURPOSES OF THE STATE INCOME TAX LAW; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/23/05 at 16:04.

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2005/pdf/History/HB/HB0418.htm