[Introduced] [Passed House] [Sent to Governor]
History of Actions | Background | Title |
Description: Income tax; delete repealer on law providing income tax credit for ad valorem taxes paid on products, goods and merchandise held for resale.
1 | 01/09/97 | (H) | Referred To Ways and Means | |
2 | 01/30/97 | (H) | Title Suff Do Pass | |
3 | 02/11/97 | (H) | Passed | |
4 | 02/13/97 | (H) | Transmitted To Senate | |
5 | 02/14/97 | (S) | Referred To Finance | |
6 | 03/04/97 | (S) | Title Suff Do Pass | |
7 | 03/06/97 | (S) | Passed | |
8 | 03/07/97 | (S) | Transmitted To House | |
9 | 03/10/97 | (H) | Enrolled Bill Signed | |
10 | 03/12/97 | (S) | Enrolled Bill Signed | |
11 | 03/12/97 | Due From Governor 03/18/97 | ||
12 | 03/18/97 | Approved by Governor |
Effective date | July 1, 1997 | |
Disposition | Law | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
3/5ths vote required | Yes | |
Chapter number | 372 |
House Committee:
Senate Committee:
Principal Author: Williams
Code Section: A 027-0007-0022.5
Title: AN ACT TO AMEND SECTION 27-7-22.5, MISSISSIPPI CODE OF 1972, TO DELETE THE REPEALER ON THE INCOME TAX CREDIT FOR MANUFACTURERS, DISTRIBUTORS AND WHOLESALE OR RETAIL MERCHANTS FOR A CERTAIN AMOUNT OF AD VALOREM TAXES PAID ON COMMODITIES, PRODUCTS, GOODS, WARES AND MERCHANDISE HELD FOR RESALE; TO PROVIDE THAT SUCH TAX CREDIT SHALL CONTINUE TO APPLY FOR TAX YEARS AFTER THE 1997 TAXABLE YEAR; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB0898.htm