2012 Regular Session Income tax; authorize a tax credit for residential builders constructing new single-family, owner-occupied homes in certain areas in the state. AN ACT TO PROVIDE AN INCOME TAX CREDIT FOR RESIDENTIAL BUILDERS THAT CONSTRUCT NEW HOMES FOR SINGLE-FAMILY, OWNER-OCCUPIED RESIDENTIAL USE IN HANCOCK, HARRISON, JACKSON, PEARL RIVER, STONE AND GEORGE COUNTIES; TO PROVIDE FOR THE AMOUNT OF THE CREDIT; TO PROVIDE THAT THE CREDIT SHALL BE FOR THE SALES TAX PAID BY THE TAXPAYER ON THE PURCHASE OF COMPONENT MATERIALS USED BY THE TAXPAYER IN THE CONSTRUCTION OF SUCH HOMES; TO LIMIT THE AMOUNT OF THE CREDIT THAT MAY BE CLAIMED IN A TAXABLE YEAR; TO PROVIDE THAT ANY UNUSED PORTION OF THE CREDIT MAY BE CARRIED FORWARD FOR THE SUCCEEDING FIVE TAX YEARS; TO PROVIDE THAT ANY PAYMENT THAT IS APPLIED TOWARD THE CREDIT AUTHORIZED IN THIS ACT MAY NOT BE USED AS A DEDUCTION BY THE TAXPAYER FOR STATE INCOME TAX PURPOSES; 03/28/12 at 12:34 H B 1663 House Bill 1663 HB 1663 H Dead Revenue Yes Three/Fifths July 1, 2012 Ways and Means T ../../House_cmtes/WM.xml Busby ../../House_authors/Busby.xml DeLano ../../House_authors/DeLano.xml Haney ../../House_authors/Haney.xml Smith (39th) ../../House_authors/Smith_(39th).xml 1 03/28 (H) Referred To Ways and Means 2 03/28 (H) Died In Committee ../../../../documents/2012/pdf/HB/1600-1699/HB1663IN.pdf ../../../../documents/2012/html/HB/1600-1699/HB1663IN.htm ../../../../documents/2012/pdf/HB/1600-1699/HB1663IN.pdf ../../../../documents/2012/html/HB/1600-1699/HB1663IN.htm