Bill Text | History of Actions | Background | Title |
Description: Income tax; conform state law to federal for certain depreciation allowed as deduction under Gulf Opportunity Zone Act of 2005.
Bill Text: [Introduced]
| 1 | 01/11 (H) Referred To Ways and Means | |
| 2 | 02/21 (H) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
House Committee:
Principal Author: Mims
Code Section: A 027-0007-0017
Title: AN ACT TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO CONFORM THE STATE INCOME TAX LAW TO FEDERAL LAW TO PROVIDE THAT FOR PROPERTY QUALIFYING FOR BONUS DEPRECIATION UNDER THE GULF OPPORTUNITY ZONE ACT OF 2005, BONUS DEPRECIATION AND THE DEPRECIATION METHOD USED FOR SUCH PROPERTY FOR FEDERAL PURPOSES SHOULD BE USED FOR STATE PURPOSES; AND FOR RELATED PURPOSES.
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2007/html/History/HB/HB0828.htm