History of Actions | Background | Title |
Description: Income and franchise tax; provide credit for taxpayers providing funds for certain railroad capital improvement projects.
| 1 | 01/20/97 | (H) | Referred To Transportation;Ways and Means | |
| 2 | 02/26/97 | (H) | Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
House Committees:
Principal Author: Stevens
Additional Authors: Howell, Manning, Read, Smith (35th), Clark, Smith (27th), Malone, Reynolds, Green (34th), McBride, Bowles, Cameron, Moody, Brown, Simmons (37th), Walker, Ellis, Grist
Title: AN ACT TO PROVIDE AN INCOME AND CORPORATE FRANCHISE TAX CREDIT FOR TAXPAYERS THAT PROVIDE FUNDS THROUGH GIFT, GRANT OR DONATION TO A RAILROAD FOR ALL OR ANY PART OF CERTAIN CAPITAL IMPROVEMENT PROJECTS; TO LIMIT THE AMOUNT OF THE INCOME AND CORPORATE FRANCHISE TAX CREDIT; TO PROVIDE THAT A TAXPAYER MUST PROVIDE CERTAIN INFORMATION TO THE STATE TAX COMMISSION TO RECEIVE SUCH CREDIT; TO REQUIRE THE MISSISSIPPI DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT TO REPORT ANNUALLY TO THE LEGISLATURE REGARDING THE IMPACT OF THIS ACT; AND FOR RELATED PURPOSES.
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1997/History/HB\HB1392.htm