Mississippi Legislature
2007 Regular Session

House Bill 1593

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Bill Text

History of Actions

Background

Title

Description: Income tax; no gain or loss recognized on exchange of property equal in value which is outside the state.

Bill Text: [Introduced]

History of Actions:

1 01/30 (H) Referred To Ways and Means
2 02/21 (H) Died In Committee

Background Information:

Effective dateJanuary 1, 2007
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: Woods

Code Section: A 027-0007-0009

Title: AN ACT TO AMEND SECTION 27-7-9, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT NO GAIN OR LOSS SHALL BE RECOGNIZED UNDER THE STATE INCOME TAX LAWS BY TAXPAYERS EXCHANGING PROPERTY WITH PROPERTY OF EQUAL VALUE SITUATED OUTSIDE THE STATE; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/21/07 at 15:45.

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