Bill Text | History of Actions | Background | Title |
Description: Income tax; place 3% tax on gaming winnings paid by unlicensed gaming establishments to be collected by the gaming establishment (STC).
Bill Text: [Introduced]
| 1 | 02/21 (H) Referred To Ways and Means | |
| 2 | 02/27 (H) Died In Committee |
| Effective date | January 1, 2002 | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
House Committee:
Principal Author: McCoy
Code Sections: A 027-0007-0015, A 027-0007-0017
Title: AN ACT TO LEVY A 3% TAX UPON AMOUNTS THAT ARE PAID TO PATRONS BY GAMING ESTABLISHMENTS LOCATED IN THIS STATE THAT ARE NOT LICENSED UNDER THE PROVISIONS OF THE GAMING CONTROL ACT; TO PROVIDE THAT THE TAX SHALL BE COLLECTED BY THE GAMING ESTABLISHMENTS AND REMITTED TO THE STATE TAX COMMISSION; TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO EXCLUDE FROM THE DEFINITION OF "GROSS INCOME" AMOUNTS THAT ARE SUBJECT TO SUCH TAX; TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT INDIVIDUALS MAY NOT DEDUCT GAMING LOSSES FROM SUCH ESTABLISHMENTS OR THE AMOUNT OF THE TAXES COLLECTED PURSUANT TO THIS ACT; AND FOR RELATED PURPOSES.
End Of Document
2002/html/History/HB/HB1838.htm