Description: Income tax; exclude overtime compensation from gross income.
Bill Text: [Introduced]
History of Actions:
|1||02/09 (H) Referred To Ways and Means|
|2||02/22 (H) Died In Committee|
|Effective date||January 1, 2006|
|Vote type required||Three/Fifths|
Principal Author: Fleming
Additional Authors: Eaton, Aldridge, Broomfield, Brown, Buck, Burnett, Chism, Clark, Clarke, Cockerham, Coleman (65th), Cummings, Davis, Dedeaux, Dickson, Ellis, Evans, Fillingane, Flaggs, Franks, Fredericks, Gadd, Gibbs, Harrison, Hines, Holland, Holloway, Huddleston, Johnson, Lane, Lott, Malone, Mayhall, Middleton, Moak, Montgomery, Moore, Myers, Norquist, Peranich, Perkins, Robinson (63rd), Robinson (84th), Rotenberry, Smith (27th), Smith (59th), Snowden, Straughter, Thomas, Walley, Watson, Wells-Smith, Whittington, Young, Zuber
Code Section: A 027-0007-0015
Title: AN ACT TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO EXCLUDE OVERTIME COMPENSATION FROM THE DEFINITION OF "GROSS INCOME" FOR PURPOSES OF THE STATE INCOME TAX LAW; AND FOR RELATED PURPOSES.
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