Bill Text | History of Actions | Amendments | Background | Title |
Description: Income tax; impose a 3% tax on gaming winnings to be collected by casinos & exclude gaming winnings from gross income.
Bill Text: [Introduced] [Passed Senate] [Sent to Governor]
| 1 | 02/13 (S) Referred To Finance | |
| 2 | 02/15 (S) Title Suff Do Pass | |
| 3 | 02/19 (S) Amended | |
| 4 | 02/19 (S) Passed As Amended | |
| 5 | 02/21 (S) Transmitted To House | |
| 6 | 02/21 (H) Referred To Ways and Means | |
| 7 | 03/07 (H) Title Suff Do Pass | |
| 8 | 03/12 (H) Passed | |
| 9 | 03/12 (H) Motion to Reconsider Entered | |
| 10 | 03/13 (H) Motion to Reconsider Tabled | |
| 11 | 03/13 (H) Transmitted To Senate | |
| 12 | 03/14 (S) Enrolled Bill Signed | |
| 13 | 03/15 (H) Enrolled Bill Signed | |
| 14 | 03/21 Approved by Governor |
| Adopted | [S] | Amendment No 1 |
| Effective date | January 1, 2002 | |
| Disposition | Law | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths | |
| Chapter number | 452 |
Senate Committee:
House Committee:
Principal Author: Minor
Code Sections: A 027-0007-0015, A 027-0007-0017
Title: AN ACT TO LEVY A TAX IN THE AMOUNT OF 3% UPON AMOUNTS THAT ARE SUBJECT TO WITHHOLDING AND REPORTING REQUIREMENTS BY THE INTERNAL REVENUE CODE THAT ARE PAID TO PATRONS BY LICENSED GAMING ESTABLISHMENTS; TO PROVIDE THAT SUCH TAX SHALL BE COLLECTED BY GAMING ESTABLISHMENTS; TO PROVIDE THAT NO STATE INCOME TAX CREDIT SHALL BE GIVEN TO PATRONS FOR THE AMOUNT OF THE TAX SO COLLECTED; TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO EXCLUDE AMOUNTS PAID TO PATRONS UPON WHICH THE TAX PROVIDED FOR IN THIS ACT IS COLLECTED FROM THE DEFINITION OF GROSS INCOME UNDER THE STATE INCOME TAX LAWS; TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT LOSSES INCURRED AT LICENSED GAMING ESTABLISHMENTS SHALL NOT BE DEDUCTIBLE UNDER STATE INCOME TAX LAWS; AND FOR RELATED PURPOSES.
End Of Document
2001/html/History/SB/SB3150.htm