Mississippi Legislature
2007 Regular Session

House Bill 1045

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Bill Text

History of Actions

Background

Title

Description: Jobs tax credit for certain permanent businesses; the Chairman of the STC may extend periods in the event of a disaster.

Bill Text: [Introduced] [Committee Substitute] [Passed House] [Sent to Governor]

History of Actions:

1 01/15 (H) Referred To Ways and Means
2 02/20 (H) Title Suff Do Pass Comm Sub
3 02/20 (H) Read the Third Time
4 02/21 (H) Committee Substitute Adopted
5 02/21 (H) Passed   {Vote}
6 02/23 (H) Transmitted To Senate
7 02/26 (S) Referred To Finance
8 03/07 (S) Title Suff Do Pass
9 03/13 (S) Passed   {Vote}
10 03/14 (S) Transmitted To House
11 03/16 (H) Enrolled Bill Signed
12 03/19 (S) Enrolled Bill Signed
13 03/26 Approved by Governor

Background Information:

Effective dateJuly 1, 2007
DispositionLaw
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths
Chapter number454

House Committee:

Senate Committee:

Principal Author: Watson

Code Section: A 027-0007-0022.17

Title: AN ACT TO AMEND SECTION 27-7-22.17, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE CHAIRMAN OF THE STATE TAX COMMISSION TO WAIVE THE PERIOD OF TIME WITHIN WHICH THE JOBS TAX CREDIT MAY BE UTILIZED BY CERTAIN PERMANENT BUSINESS ENTERPRISES THAT ARE UNABLE TO MAINTAIN THE REQUIRED NUMBER OF JOBS AS A DIRECT RESULT OF CERTAIN DISASTERS; TO AUTHORIZE THE CHAIRMAN OF THE STATE TAX COMMISSION TO WAIVE THE REQUIREMENT THAT A CERTAIN NUMBER OF JOBS BE MAINTAINED BY SUCH SUPPLIERS AND EXTEND THE CARRYFORWARD PERIOD OF THE CREDIT; TO PROVIDE THAT THE PERIOD OF TIME FOR WHICH THE REQUIREMENTS MAY BE WAIVED AND THE CARRYFORWARD PERIOD MAY BE EXTENDED SHALL NOT EXCEED TWO YEARS; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/09/07 at 10:08.

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2007/html/History/HB/HB1045.htm