Bill Text | History of Actions | Background | Title |
Description: Income tax; increase amount of National Guard and Reserve compensation excluded from gross income.
Bill Text: [Introduced]
| 1 | 02/16 (H) Referred To Ways and Means | |
| 2 | 03/31 (H) Died In Committee |
| Effective date | January 1, 2004 | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
House Committee:
Principal Author: Rogers (61st)
Additional Authors: Barnett, Hines, Lott, Markham
Code Section: A 027-0007-0015
Title: AN ACT TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $5,000.00 TO $15,000.00, THE AMOUNT OF COMPENSATION RECEIVED BY A MEMBER OF THE NATIONAL GUARD OR RESERVE FORCES OF THE UNITED STATES AS PAYMENT FOR INACTIVE DUTY TRAINING, ACTIVE DUTY TRAINING AND STATE ACTIVE DUTY, THAT IS EXCLUDED FROM THE MEANING OF "GROSS INCOME" AND IS EXEMPT FROM TAXATION UNDER THE STATE INCOME TAX LAW; AND FOR RELATED PURPOSES.
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2004/html/History/HB/HB1006.htm