Mississippi Legislature

2000 Regular Session

House Bill 530

Instructions Bill Status Menu




Bill Text

History of Actions

Background

Title

Description: Income tax; reduce rate of tax on income derived from gain on certain sales or other disposition of real estate or timber.

Bill Text: [Introduced]

History of Actions:

101/25/00(H)Referred To Ways and Means
203/29/00(H)Died In Committee

Background Information:

Effective dateJanuary 1, 2001
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

House Committee:

Principal Author: Stringer

Code Section: A 027-0007-0005

Title: AN ACT TO AMEND SECTION 27-7-5, MISSISSIPPI CODE OF 1972, TO REDUCE THE INCOME TAX RATE IMPOSED ON INCOME DERIVED FROM A GAIN FROM THE SALE OR OTHER DISPOSITION OF REAL PROPERTY OR TIMBER IF A TAXPAYER OWNED SUCH REAL PROPERTY OR TIMBER FOR AT LEAST FIVE YEARS BEFORE THE SALE OR DISPOSITION; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/29/00 at 16:00.



End Of Document

2000/html/History/HB/HB0530.htm