Mississippi Legislature
2003 Regular Session

House Bill 440

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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 property or timber.

Bill Text: [Introduced]

History of Actions:

1 01/07 (H) Referred To Ways and Means
2 02/26 (H) Died In Committee

Background Information:

Effective dateJanuary 1, 2003
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

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 02/26/03 at 16:02.

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