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<!DOCTYPE HISTORY SYSTEM "../../dtds_xslts/history.dtd">
 
<HISTORY>
	<YEAR>2012</YEAR>
	<SESSION>Regular Session</SESSION>
	<SHORTTITLE>Income tax; increase credit for ad valorem tax paid on inventory.</SHORTTITLE>
	<LONGTITLE>AN ACT TO AMEND SECTION 27-7-22.5, MISSISSIPPI CODE OF 1972, TO INCREASE THE INCOME TAX CREDIT FOR AD VALOREM TAXES PAID BY TAXPAYERS ON CERTAIN INVENTORY; TO INCLUDE RAW MATERIALS OR WORKS-IN-PROCESS IN THE TYPE OF INVENTORY COVERED BY THE CREDIT; TO AUTHORIZE ANY TAX CREDIT CLAIMED UNDER THIS SECTION BUT NOT USED IN ANY TAXABLE YEAR TO BE CARRIED FORWARD FOR FIVE CONSECUTIVE YEARS FROM THE CLOSE OF THE TAX YEAR IN WHICH THE CREDIT WAS EARNED; AND FOR RELATED PURPOSES.</LONGTITLE>
	<DATETIMELASTCHG>06/12/12 at 10:48</DATETIMELASTCHG>
 
	<MEASURE>
		<MSR_HS>S</MSR_HS>
		<MSR_TYPE>B</MSR_TYPE>
		<MSR_NUM>2934</MSR_NUM>
		<FORMAT_MSRID>Senate Bill 2934</FORMAT_MSRID>
		<SHORT_MSRID>SB 2934</SHORT_MSRID>
		<OWNER>S</OWNER>
	</MEASURE>
 
	<BACKGROUND>
		<DISPOSITION>Law</DISPOSITION>
		<DEADLINE>Revenue</DEADLINE>
		<REVENUE>Yes</REVENUE>
		<VOTETYPE>Three/Fifths</VOTETYPE>
		<EFFECTIVEDATE>July 1, 2012</EFFECTIVEDATE>
		<CHAPNUM> 523</CHAPNUM>
	</BACKGROUND>
	<COMMITTEES>
		<HOUSE>
			<H_NAME>Ways and Means</H_NAME>
			<H_INCMTE>F</H_INCMTE>
			<H_LINK>../../House_cmtes/WM.xml</H_LINK>
		</HOUSE>
		<SENATE>
			<S_NAME>Finance</S_NAME>
			<S_INCMTE>F</S_INCMTE>
			<S_LINK>../../Senate_cmtes/FI.xml</S_LINK>
		</SENATE>
	</COMMITTEES>
	<AUTHORS>
		<PRINCIPAL>
			<P_NAME>Fillingane</P_NAME>
			<P_LINK>../../Senate_authors/Fillingane.xml</P_LINK>
		</PRINCIPAL>
	</AUTHORS>
	<CODESECTIONS>
		<AFFECT>A</AFFECT>
		<SECTION>027-0007-0022.5</SECTION>
		<SECTIONLINK>../../code_sections/027/00070022_5.xml</SECTIONLINK>
	</CODESECTIONS>
	<ACTION>
		<ACT_NUMBER> 1</ACT_NUMBER>
		<ACT_DESC>03/05 (S) Referred To Finance</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 2</ACT_NUMBER>
		<ACT_DESC>03/27 (S) Title Suff Do Pass</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 3</ACT_NUMBER>
		<ACT_DESC>03/28 (S) Amended</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 4</ACT_NUMBER>
		<ACT_DESC>03/28 (S) Passed As Amended</ACT_DESC>
		<ACT_VOTE>../../../../2012/pdf/votes/senate/0860005.pdf</ACT_VOTE>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 5</ACT_NUMBER>
		<ACT_DESC>03/29 (S) Motion to Reconsider Entered</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 6</ACT_NUMBER>
		<ACT_DESC>03/29 (S) Motion to Reconsider Tabled</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 7</ACT_NUMBER>
		<ACT_DESC>03/29 (S) Transmitted To House</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 8</ACT_NUMBER>
		<ACT_DESC>03/30 (H) Referred To Ways and Means</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 9</ACT_NUMBER>
		<ACT_DESC>04/12 (H) Title Suff Do Pass As Amended</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>10</ACT_NUMBER>
		<ACT_DESC>04/12 (H) Read the Third Time</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>11</ACT_NUMBER>
		<ACT_DESC>04/17 (H) Amended</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>12</ACT_NUMBER>
		<ACT_DESC>04/17 (H) Passed As Amended</ACT_DESC>
		<ACT_VOTE>../../../../2012/pdf/votes/house/1060005.pdf</ACT_VOTE>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>13</ACT_NUMBER>
		<ACT_DESC>04/18 (H) Returned For Concurrence</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>14</ACT_NUMBER>
		<ACT_DESC>04/19 (S) Decline to Concur/Invite Conf</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>15</ACT_NUMBER>
		<ACT_DESC>04/24 (S) Conferees Named Fillingane,Flowers,Butler (38th)</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>16</ACT_NUMBER>
		<ACT_DESC>04/25 (H) Conferees Named Smith (39th),Rogers (61st),Baker</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>17</ACT_NUMBER>
		<ACT_DESC>04/27 (S) Conference Report Filed</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>18</ACT_NUMBER>
		<ACT_DESC>04/27 (H) Conference Report Filed</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>19</ACT_NUMBER>
		<ACT_DESC>04/28 (H) Conference Report Adopted</ACT_DESC>
		<ACT_VOTE>../../../../2012/pdf/votes/house/1170058.pdf</ACT_VOTE>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>20</ACT_NUMBER>
		<ACT_DESC>04/30 (S) Conference Report Adopted</ACT_DESC>
		<ACT_VOTE>../../../../2012/pdf/votes/senate/1190016.pdf</ACT_VOTE>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>21</ACT_NUMBER>
		<ACT_DESC>05/01 (S) Motion to Reconsider Entered</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>22</ACT_NUMBER>
		<ACT_DESC>05/01 (S) Motion to Reconsider Tabled</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>23</ACT_NUMBER>
		<ACT_DESC>05/02 (S) Enrolled Bill Signed</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>24</ACT_NUMBER>
		<ACT_DESC>05/02 (H) Enrolled Bill Signed</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>25</ACT_NUMBER>
		<ACT_DESC>05/14 Approved by Governor</ACT_DESC>
	</ACTION>
	<DOCUMENTS>
		<CURRENT>
			<CURRENT_PDF>../../../../documents/2012/pdf/SB/2900-2999/SB2934SG.pdf</CURRENT_PDF>
			<CURRENT_OTHER>../../../../documents/2012/html/SB/2900-2999/SB2934SG.htm</CURRENT_OTHER>
		</CURRENT>
		<INTRO>
			<INTRO_PDF>../../../../documents/2012/pdf/SB/2900-2999/SB2934IN.pdf</INTRO_PDF>
			<INTRO_OTHER>../../../../documents/2012/html/SB/2900-2999/SB2934IN.htm</INTRO_OTHER>
		</INTRO>
		<PASSED>
			<PASSED_PDF>../../../../documents/2012/pdf/SB/2900-2999/SB2934PS.pdf</PASSED_PDF>
			<PASSED_OTHER>../../../../documents/2012/html/SB/2900-2999/SB2934PS.htm</PASSED_OTHER>
		</PASSED>
		<ASG>
			<ASG_PDF>../../../../documents/2012/pdf/SB/2900-2999/SB2934SG.pdf</ASG_PDF>
			<ASG_OTHER>../../../../documents/2012/html/SB/2900-2999/SB2934SG.htm</ASG_OTHER>
		</ASG>
		<CONFRPTS>
			<CR_PDF>../../../../documents/2012/pdf/cr/SB2934CR.pdf</CR_PDF>
			<CR_OTHER>../../../../documents/2012/html/cr/SB2934CR.htm</CR_OTHER>
			<CR_DESC>Conference Report</CR_DESC>
		</CONFRPTS>
		<AMENDMENTS>
			<AMRPT>
				<AMRPT_DESC>Amendment Report for Senate Bill No. 2934</AMRPT_DESC>
				<AMRPT_PDF>../../../../documents/2012/pdf/ham/Amendment_Report_for_SB2934.pdf</AMRPT_PDF>
				<AMRPT_OTHER>../../../../../documents/2012/html/ham/Amendment_Report_for_SB2934.htm</AMRPT_OTHER>
			</AMRPT>
			<HAM>
				<HAM_DESC>Committee Amendment No 1</HAM_DESC>
				<HAM_DISP>Lost</HAM_DISP>
				<HAM_PDF>../../../../documents/2012/pdf/ham/SB2934_H_Cmte_Amend_01.pdf</HAM_PDF>
				<HAM_OTHER>../../../../../documents/2012/html/ham/SB2934_H_Cmte_Amend_01.htm</HAM_OTHER>
				<HAM_VDESC>Voice Vote</HAM_VDESC>
			</HAM>
			<HAM>
				<HAM_DESC>Amendment No 1 to Committee Amendment No 1</HAM_DESC>
				<HAM_DISP>Adopted</HAM_DISP>
				<HAM_PDF>../../../../documents/2012/pdf/ham/SB2934_H_Amend_01_to_Cmte_Amend_01.pdf</HAM_PDF>
				<HAM_OTHER>../../../../../documents/2012/html/ham/SB2934_H_Amend_01_to_Cmte_Amend_01.pdf</HAM_OTHER>
				<HAM_VDESC>Voice Vote</HAM_VDESC>
			</HAM>
			<HAM>
				<HAM_DESC>Amendment No 2</HAM_DESC>
				<HAM_DISP>Adopted</HAM_DISP>
				<HAM_PDF>../../../../documents/2012/pdf/ham/SB2934_H_Amend_02.pdf</HAM_PDF>
				<HAM_OTHER>../../../../../documents/2012/html/ham/SB2934_H_Amend_02.pdf</HAM_OTHER>
				<HAM_VDESC>Voice Vote</HAM_VDESC>
			</HAM>
			<SAM>
				<SAM_DESC>Amendment No 1</SAM_DESC>
				<SAM_DISP>Adopted</SAM_DISP>
				<SAM_PDF>../../../../documents/2012/pdf/sam/SB2934_S_Amend_01.pdf</SAM_PDF>
				<SAM_OTHER>../../../../../documents/2012/html/sam/SB2934_S_Amend_01.htm</SAM_OTHER>
				<SAM_VDESC>Voice Vote</SAM_VDESC>
			</SAM>
			<SAM>
				<SAM_DESC>Amendment No 2</SAM_DESC>
				<SAM_DISP>Adopted</SAM_DISP>
				<SAM_PDF>../../../../documents/2012/pdf/sam/SB2934_S_Amend_02.pdf</SAM_PDF>
				<SAM_OTHER>../../../../../documents/2012/html/sam/SB2934_S_Amend_02.htm</SAM_OTHER>
				<SAM_VDESC>Voice Vote</SAM_VDESC>
			</SAM>
		</AMENDMENTS>
	</DOCUMENTS>
</HISTORY>
