History of Actions | Background | Title |
Description: Income tax; provide a credit for the cost of certain wildlife conservation projects.
| 1 | 01/05/99 | (S) | Referred To Finance;Wildlife and Fisheries | |
| 2 | 02/24/99 | (S) | Died In Committee |
| Effective date | January 1, 1999 | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
Senate Committees:
Principal Author: Posey
Title: AN ACT TO CREATE THE MISSISSIPPI FISH AND WILDLIFE INCENTIVES PROGRAM TO ENCOURAGE LANDOWNERS TO ENHANCE AND RESTORE WILDLIFE HABITATS BY GRANTING TAXPAYERS AN INCOME TAX CREDIT FOR CERTAIN COSTS THEY INCUR ON APPROVED WILDLIFE HABITAT ENHANCEMENT AND RESTORATION PROJECTS; TO PROVIDE THAT THE AMOUNT OF THE CREDIT THAT CAN BE USED BY A TAXPAYER IN A TAXABLE YEAR MAY NOT EXCEED THE AMOUNT OF INCOME TAXES DUE THE STATE FROM THE TAXPAYER; TO PROVIDE THAT EXCESS CREDITS MAY BE CARRIED FORWARD FOR THE SUCCEEDING NINE YEARS; TO PROVIDE THAT THE COMMISSION ON WILDLIFE, FISHERIES AND PARKS SHALL PROMULGATE RULES AND REGULATIONS TO GOVERN THE PROGRAM; TO PROVIDE THAT THE COMMISSION ON WILDLIFE, FISHERIES AND PARKS SHALL ESTABLISH A LIST OF APPROVED PROJECTS; TO CREATE THE MISSISSIPPI FISH AND WILDLIFE INCENTIVES COMMITTEE TO ASSIST THE COMMISSION ON WILDLIFE, FISHERIES AND PARKS REGARDING CERTAIN ASPECTS OF THIS PROGRAM; TO PRESCRIBE THE MANNER OF APPLYING FOR SUCH CREDIT; TO PROVIDE FOR THE DURATION OF PROJECTS ELIGIBLE FOR SUCH CREDIT; AND FOR RELATED PURPOSES.
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1999\html\History/SB\SB2198.htm