History of Actions | Background | Title |
Description: Income tax; revise certain provisions regarding gains and losses and business deductions.
| 1 | 02/17/99 | (H) | Referred To Ways and Means | |
| 2 | 02/24/99 | (H) | Died In Committee |
| Effective date | January 1, 1999 | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
House Committee:
Principal Author: Franks
Additional Authors: Bozeman, Brown, Cummings, Dedeaux, Eaton, Formby, Grist, Hamilton, Holland, Howell, Janus, Jennings, Johnson, Ketchings, King, Markham, Miles, Nettles, Reynolds, Roberson, Robertson, Saucier, Smith (35th), Weathersby, West
Code Sections: A 027-0007-0009, A 027-0007-0017
Title: AN ACT TO AMEND SECTION 27-7-9, MISSISSIPPI CODE OF 1972, TO DELETE THE REQUIREMENT THAT CERTAIN TRANSACTIONS ENTERED INTO BY CORPORATIONS BE ADJUSTED OR ELIMINATED FOR INCOME TAX PURPOSES; TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO REVISE CERTAIN PROVISIONS REGARDING THE TREATMENT OF CERTAIN INTEREST EXPENSE AS A BUSINESS DEDUCTION; AND FOR RELATED PURPOSES.
End Of Document
1999\html\History/HB\HB1658.htm