Mississippi Legislature
2007 Regular Session

House Bill 828

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Bill Text

History of Actions

Background

Title

Description: Income tax; conform state law to federal for certain depreciation allowed as deduction under Gulf Opportunity Zone Act of 2005.

Bill Text: [Introduced]

History of Actions:

1 01/11 (H) Referred To Ways and Means
2 02/21 (H) Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: Mims

Code Section: A 027-0007-0017

Title: AN ACT TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO CONFORM THE STATE INCOME TAX LAW TO FEDERAL LAW TO PROVIDE THAT FOR PROPERTY QUALIFYING FOR BONUS DEPRECIATION UNDER THE GULF OPPORTUNITY ZONE ACT OF 2005, BONUS DEPRECIATION AND THE DEPRECIATION METHOD USED FOR SUCH PROPERTY FOR FEDERAL PURPOSES SHOULD BE USED FOR STATE PURPOSES; AND FOR RELATED PURPOSES.


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

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