Mississippi Legislature
2006 Regular Session

Senate Bill 3062

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Bill Text

History of Actions

Background

Title

Description: Income tax; allow credit for materials donated to volunteers performing relief work necessitated by Hurricane Katrina.

Bill Text: [Introduced]

History of Actions:

1 02/14 (S) Referred To Finance
2 02/22 (S) Died In Committee

Background Information:

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

Senate Committee:

Principal Author: Doxey

Title: AN ACT TO PROVIDE AN INCOME TAX CREDIT IN AN AMOUNT EQUAL TO THE VALUE OF ANY PRODUCT OR MATERIALS THAT THE TAXPAYER DONATES DURING CALENDAR YEAR 2005 AND 2006 THAT ARE UTILIZED BY VOLUNTEERS IN PERFORMING RELIEF WORK NECESSITATED AS A RESULT OF HURRICANE KATRINA IN THE SIX SOUTHERNMOST COUNTIES OF THE STATE. TO OBTAIN THE CREDIT, THE TAXPAYER SHALL PROVIDE THE STATE TAX COMMISSION SUCH DOCUMENTATION AS THE COMMISSION MAY REQUIRE; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/22/06 at 17:39.

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