Mississippi Legislature

1999 Regular Session

House Bill 1498

[Introduced] [Committee Substitute]

Instructions Bill Status Menu




History of Actions

Background

Title

Description: Income tax; exclude dividends received from a subsidiary corporation from gross income.

History of Actions:

101/25/99(H)Referred To Ways and Means
202/17/99(H)Title Suff Do Pass Comm Sub
302/23/99(H)Recommitted to Committee
402/24/99(H)Died In Committee

Background Information:

Effective dateJanuary 1, 1999
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

House Committee:

Principal Author: Ellington

Code Section: A 027-0007-0015

Title: AN ACT TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO EXCLUDE DIVIDENDS RECEIVED FROM A SUBSIDIARY CORPORATION FROM GROSS INCOME UNDER THE MISSISSIPPI INCOME TAX LAW; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/24/99 at 14:26.



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