History of Actions | Background | Title |
Description: Corporation franchise tax; clarify meaning of the term "corporation" for the purposes of (STC).
| 1 | 01/20/97 | (H) | Referred To Ways and Means | |
| 2 | 01/28/97 | (H) | Title Suff Do Pass | |
| 3 | 01/30/97 | (H) | Passed | |
| 4 | 01/31/97 | (H) | Transmitted To Senate | |
| 5 | 02/03/97 | (S) | Referred To Finance | |
| 6 | 03/04/97 | (S) | Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
House Committee:
Senate Committee:
Principal Author: Williams
Code Section: A 027-0013-0001
Title: AN ACT TO AMEND SECTION 27-13-1, MISSISSIPPI CODE OF 1972, TO CLARIFY THE MEANING OF THE TERM "CORPORATION" UNDER THE STATE CORPORATION FRANCHISE TAX LAW TO PROVIDE THAT WHEN ANY FORM OF ORGANIZATION IS TREATED AS A CORPORATION FOR FEDERAL INCOME TAX PURPOSES, THEN IT SHALL BE TREATED AS A CORPORATION FOR THE PURPOSES OF THE STATE CORPORATION FRANCHISE TAX LAW; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB1216.htm