Bill Text | History of Actions | Background | Title |
Description: Income tax; increase exemption for National Guard and Reserve pay.
Bill Text: [Introduced]
1 | 01/13 (S) Referred To Finance | |
2 | 03/31 (S) Died In Committee |
Effective date | January 1, 2004 | |
Disposition | Dead | |
Deadline | Revenue | |
Revenue | Yes | |
Vote type required | Three/Fifths |
Senate Committee:
Principal Author: Burton
Code Section: A 027-0007-0015
Title: AN ACT TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO INCREASE 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 EXEMPT FROM TAXATION UNDER THE STATE INCOME TAX LAW FROM $5,000.00 TO $15,000.00; AND FOR RELATED PURPOSES.
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2004/html/History/SB/SB2070.htm