Mississippi Legislature
2001 Regular Session

House Bill 272

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Bill Text

History of Actions

Background

Title

Description: Income tax; provide that no gain shall be recognized on the sale or exchange of a personal residence occurring on or after certain date.

Bill Text: [Introduced]

History of Actions:

1 01/02 (H) Referred To Ways and Means
2 02/21 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2001
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: Guice

Code Section: A 027-0007-0009

Title: AN ACT TO AMEND SECTION 27-7-9, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT FOR STATE INCOME TAX PURPOSES NO GAIN SHALL BE RECOGNIZED ON THE SALE OR EXCHANGE OF A PERSONAL RESIDENCE IF THE SALE OR EXCHANGE OCCURS ON OR AFTER JANUARY 1, 2002; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/21/01 at 15:47.

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