Bill Text | History of Actions | Amendments | Background | Title |
Description: Income tax; clarify that assessment of penalty for failure to pay or to file return is permissive (STC).
Bill Text: [Introduced] [Passed House] [Sent to Governor]
| 1 | 01/17 (H) Referred To Ways and Means | |
| 2 | 01/26 (H) Title Suff Do Pass | |
| 3 | 02/02 (H) Amended | |
| 4 | 02/02 (H) Passed As Amended | |
| 5 | 02/07 (H) Transmitted To Senate | |
| 6 | 02/08 (S) Referred To Finance | |
| 7 | 03/01 (S) Title Suff Do Pass | |
| 8 | 03/08 (S) Passed | |
| 9 | 03/09 (S) Transmitted To House | |
| 10 | 03/14 (H) Enrolled Bill Signed | |
| 11 | 03/14 (S) Enrolled Bill Signed | |
| 12 | 03/21 Approved by Governor |
| Adopted | [H] | Amendment No 1 |
| Effective date | July 1, 2005 | |
| Disposition | Law | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority | |
| Chapter number | 414 |
House Committee:
Senate Committee:
Principal Author: Watson
Code Sections: A 027-0007-0051, A 027-0007-0053
Title: AN ACT TO AMEND SECTIONS 27-7-51 AND 27-7-53, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT THE ASSESSMENT OF A PENALTY FOR FAILURE TO PAY INCOME TAX OR FILE AN INCOME TAX RETURN IS PERMISSIVE; TO PROVIDE THAT A TAXPAYER FILING AN INDIVIDUAL INCOME TAX RETURN WHO OWES ADDITIONAL INCOME TAX IN AN AMOUNT IN EXCESS OF $75.00 BUT NOT IN EXCESS OF $3,000.00, MAY REQUEST THAT THE CHAIRMAN OF THE STATE TAX COMMISSION ALLOW THE TAXPAYER TO PAY THE ADDITIONAL TAX THROUGH AN INSTALLMENT AGREEMENT; TO PROVIDE THAT THE CHAIRMAN OF THE STATE TAX COMMISSION MAY ALLOW SUCH A TAXPAYER TO PAY THE ADDITIONAL INCOME TAX THROUGH AN INSTALLMENT AGREEMENT IF THE CHAIRMAN OF THE STATE TAX COMMISSION DETERMINES THE TAXPAYER IS FINANCIALLY UNABLE TO PAY THE ADDITIONAL TAX AND CERTAIN OTHER CONDITIONS ARE SATISFIED; AND FOR RELATED PURPOSES.
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2005/html/History/HB/HB1195.htm