History of Actions | Background | Title |
Description: Tax credits; income and franchise tax credits for research and development expenses.
1 | 01/07/97 | (S) | Referred To Finance | |
2 | 02/26/97 | (S) | Died In Committee |
Effective date | *January 1, 1997 | |
Disposition | Dead | |
Deadline | Revenue/Appropriation | |
Revenue | Yes | |
3/5ths vote required | Yes |
Senate Committee:
Principal Author: Carter
Title: AN ACT TO PROVIDE AN INCOME AND CORPORATE FRANCHISE TAX CREDIT FOR TAXPAYERS PERFORMING CERTAIN TYPES OF RESEARCH AND DEVELOPMENT ACTIVITIES; TO AUTHORIZE SUCH CREDIT TO BE CARRIED FORWARD TEN YEARS UNDER CERTAIN CIRCUMSTANCES; TO REQUIRE THE MISSISSIPPI DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT TO REPORT ANNUALLY REGARDING THE IMPACT OF SUCH CREDIT; AND FOR RELATED PURPOSES.
End Of Document
1997/History/SB\SB2121.htm