Mississippi Legislature
2005 Regular Session

Senate Bill 2377

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Bill Text

History of Actions

Background

Title

Description: Taxation; income tax credit incentives for certain activities at brownfield sites.

Bill Text: [Introduced] [Passed Senate]

History of Actions:

1 01/13 (S) Referred To Environment Prot, Cons and Water Res;Finance
2 01/25 (S) DR - TSDP: EP To FI
3 02/17 (S) Title Suff Do Pass
4 02/23 (S) Passed
5 02/24 (S) Transmitted To House
6 02/24 (H) Referred To Conservation and Water Resources;Ways and Means
7 03/15 (H) Died In Committee

Background Information:

Effective dateJanuary 1, 2006
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

Senate Committees:

House Committees:

Principal Author: Moffatt

Title: AN ACT TO CREATE THE MISSISSIPPI BROWNFIELDS VOLUNTARY CLEANUP AND REDEVELOPMENT INCENTIVES ACT; TO EXPRESS THE FINDINGS OF THE LEGISLATURE; TO CREATE A NEW SECTION TO BE CODIFIED AS SECTION 27-7-22.16, MISSISSIPPI CODE OF 1972, WHICH AUTHORIZES AN INCOME TAX CREDIT FOR REMEDIATION COST INCURRED AT A BROWNFIELD AGREEMENT SITE; TO DEFINE CERTAIN TERMS; TO PRESCRIBE THE AMOUNT OF THE INCOME TAX CREDIT; TO REQUIRE THE COMMISSION ON ENVIRONMENTAL QUALITY TO APPROVE AN AMOUNT OF REMEDIATION COSTS ELIGIBLE FOR THE TAX CREDIT; TO PROVIDE FOR SUBMISSION OF SUPPORTING INFORMATION TO THE STATE TAX COMMISSION; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/15/05 at 15:39.

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