Bill Text | History of Actions | Background | Title |
Description: Sales taxation; "gross income" shall not include property taxes on equipment purchased under lease-purchase agreement.
Bill Text: [Introduced]
| 1 | 02/20 (S) Referred To Finance | |
| 2 | 03/31 (S) Died In Committee |
| Effective date | July 1, 2004 | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
Senate Committee:
Principal Author: Hewes
Code Section: A 027-0065-0003
Title: AN ACT TO AMEND SECTION 27-65-3, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE TERM "GROSS INCOME" AS USED IN THE MISSISSIPPI SALES TAX LAW SHALL NOT INCLUDE PROPERTY TAXES PAID BY A PERSON WHO IS PURCHASING EQUIPMENT UNDER A LEASE-PURCHASE AGREEMENT; AND FOR RELATED PURPOSES.
End Of Document
2004/html/History/SB/SB2773.htm