Description: Income tax; exclude amounts received as rewards offered for providing information to aid law enforcement authorities.
Bill Text: [Introduced]
History of Actions:
|1||01/05 (H) Referred To Ways and Means|
|2||02/21 (H) Died In Committee|
|Effective date||January 1, 2007|
|Vote type required||Three/Fifths|
Principal Author: Jennings
Additional Authors: Akins, Hamilton (6th), Mayhall
Code Section: A 027-0007-0015
Title: AN ACT TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "GROSS INCOME" FOR PURPOSES OF THE STATE INCOME TAX LAW TO EXCLUDE AMOUNTS RECEIVED AS REWARDS OFFERED FOR PROVIDING INFORMATION TO AID AUTHORITIES IN THE CAPTURE AND CONVICTION OF PERSONS COMMITTING CRIMES; AND FOR RELATED PURPOSES.
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