2019
Regular Session
Tax Credit Scholarship; enact to provide qualifying students eligibility to use to cover eligible education expenses.
AN ACT TO CREATE THE TAX CREDIT SCHOLARSHIP ACT; TO PROVIDE THAT QUALIFYING STUDENTS SHALL BE ELIGIBLE TO USE A SCHOLARSHIP FROM CERTAIN SCHOLARSHIP ORGANIZATIONS TO COVER ELIGIBLE EDUCATION EXPENSES; TO PROVIDE FOR A TAX CREDIT NOT TO EXCEED 50% OF THE TAXPAYER'S TAX LIABILITY FOR CONTRIBUTIONS TO CERTAIN SCHOLARSHIP ORGANIZATIONS; TO STIPULATE THE REQUIREMENTS FOR NONPUBLIC SCHOOLS ACCEPTING STUDENTS FOR ENROLLMENT WHO RECEIVE SCHOLARSHIPS UNDER THE PROVISIONS OF THIS ACT; TO PRESCRIBE THE REQUIREMENTS FOR SCHOLARSHIP ORGANIZATIONS ADMINISTERING TAX CREDIT SCHOLARSHIPS; TO REQUIRE THE DEPARTMENT OF REVENUE TO PROVIDE AN ANNUAL LEGISLATIVE REPORT ON THE TAX CREDITS ALLOWED UNDER THIS ACT; TO ALLOW PARENTS TO REQUEST AN ASSESSMENT OF EDUCATIONAL PROGRESS OF STUDENTS ENROLLED; TO PRESCRIBE THE POWERS AND DUTIES OF THE DEPARTMENT OF REVENUE WITH REGARD TO THE ADMINISTRATION OF THIS ACT; TO PROVIDE THAT NONPUBLIC SCHOOLS WHICH ADMIT STUDENTS RECEIVING TAX CREDIT SCHOLARSHIPS ARE NOT AGENTS OF THE STATE OR FEDERAL GOVERNMENT; TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT AMOUNTS RECEIVED AS TAX CREDIT SCHOLARSHIPS TO PAY EDUCATION EXPENSES SHALL BE EXCLUDED FROM GROSS INCOME; AND FOR RELATED PURPOSES.
02/27/2019 at 10:51
S
B
2579
Senate Bill 2579
SB 2579
S
Dead
Revenue
Yes
Three/Fifths
January 1, 2019
Finance
T
../../Senate_cmtes/FI.xml
Fillingane
../../Senate_authors/Fillingane.xml
A
../../code_sections/027/00070015.xml
1
01/21 (S) Referred To Finance
2
02/27 (S) Died In Committee
../../../../documents/2019/pdf/SB/2500-2599/SB2579IN.pdf
../../../../documents/2019/html/SB/2500-2599/SB2579IN.htm
../../../../documents/2019/pdf/SB/2500-2599/SB2579IN.pdf
../../../../documents/2019/html/SB/2500-2599/SB2579IN.htm
N
../../../../documents/2019/pdf/fiscalnotes/SB2579.pdf