Mississippi Legislature

1999 Regular Session

Senate Bill 2361

[Introduced]

Instructions Bill Status Menu




History of Actions

Background

Title

Description: Income tax; increase exemption for National Guard and Reserve pay.

History of Actions:

101/07/99(S)Referred To Finance
202/24/99(S)Died In Committee

Background Information:

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

Senate Committee:

Principal Author: Ross

Additional Authors: Burton, Carter, Dickerson, Furniss, Gordon, Hall, Jordan (24th), Kirby, Lee, Smith, White (29th), Johnson (19th)

Code Section: A 027-0007-0015

Title: AN ACT TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF COMPENSATION RECEIVED BY A MEMBER OF THE NATIONAL GUARD OR RESERVE FORCES OF THE UNITED STATES AS PAYMENT FOR INACTIVE DUTY TRAINING, ACTIVE DUTY TRAINING AND STATE ACTIVE DUTY, THAT IS EXEMPT FORM TAXATION UNDER THE STATE INCOME TAX LAW FROM $5,000.00 TO $15,000.00.


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



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