2019
Regular Session
Income tax; authorize a tax credit for contributions to certain endowed funds held by community foundations.
AN ACT TO CREATE THE "ENDOW MISSISSIPPI PROGRAM" TO PROMOTE PHILANTHROPIC INVESTMENTS IN LOCAL COMMUNITY DEVELOPMENT PROGRAMS BY PROVIDING A TAX CREDIT FOR CHARITABLE GIFTS MADE BY TAXPAYERS TO ENDOWED FUNDS HELD BY COMMUNITY FOUNDATIONS IN MISSISSIPPI; TO PROVIDE THAT THE TAX CREDIT SHALL BE 25% OF A QUALIFIED CONTRIBUTION TO AN ENDOWED FUND AT A QUALIFIED COMMUNITY FOUNDATION SUBJECT TO CERTAIN REQUIREMENTS; TO PROVIDE THAT THE AGGREGATE AMOUNT OF TAX CREDITS AUTHORIZED UNDER THIS ACT SHALL NOT EXCEED $500,000.00 IN ANY ONE CALENDAR YEAR; TO PROVIDE THAT FROM AND AFTER JANUARY 1, 2024, NO CREDITS MAY BE AUTHORIZED UNDER THIS ACT; AND FOR RELATED PURPOSES.
03/19/2019 at 14:47
H
B
1430
House Bill 1430
HB 1430
H
Dead
Revenue
Yes
Three/Fifths
January 1, 2019
Ways and Means
F
../../House_cmtes/WM.xml
Finance
T
../../Senate_cmtes/FI.xml
Smith
../../House_authors/Smith.xml
Faulkner
../../House_authors/Faulkner.xml
Sykes
../../House_authors/Sykes.xml
McGee
../../House_authors/McGee.xml
1
01/21 (H) Referred To Ways and Means
2
02/20 (H) Title Suff Do Pass
3
02/26 (H) Passed
../../../../2019/pdf/votes/house/0500008.pdf
4
02/27 (H) Transmitted To Senate
5
02/28 (S) Referred To Finance
6
03/19 (S) Died In Committee
../../../../documents/2019/pdf/HB/1400-1499/HB1430PS.pdf
../../../../documents/2019/html/HB/1400-1499/HB1430PS.htm
../../../../documents/2019/pdf/HB/1400-1499/HB1430IN.pdf
../../../../documents/2019/html/HB/1400-1499/HB1430IN.htm
../../../../documents/2019/pdf/HB/1400-1499/HB1430PS.pdf
../../../../documents/2019/html/HB/1400-1499/HB1430PS.htm
N
../../../../documents/2019/pdf/fiscalnotes/HB1430.pdf