Bill Text | History of Actions | Background | Title |
Description: Taxation; increase the monthly average tax liability necessary to require early payment of withholding, sales and use tax liability.
Bill Text: [Introduced]
| 1 | 01/12 (H) Referred To Ways and Means | |
| 2 | 01/18 (H) Title Suff Do Pass | |
| 3 | 02/08 (H) Died On Calendar |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Watson
Code Sections: A 027-0007-0309, A 027-0065-0033, A 027-0067-0017
Title: AN ACT TO AMEND SECTION 27-7-309, MISSISSIPPI CODE OF 1972, TO INCREASE TO $50,000.00 THE AMOUNT OF THE AVERAGE MONTHLY WITHHOLDING TAX LIABILITY FOR THE PRECEDING YEAR THAT AN EMPLOYER MUST HAVE IN ORDER TO BE REQUIRED TO MAKE AN ESTIMATED PAYMENT OF HIS WITHHOLDING TAX LIABILITY FOR THE QUARTER THAT ENDS IN JUNE BY NOT LATER THAN JUNE 25; TO AMEND SECTION 27-65-33, MISSISSIPPI CODE OF 1972, TO INCREASE TO $50,000.00 THE AMOUNT OF THE AVERAGE MONTHLY SALES TAX LIABILITY FOR THE PRECEDING YEAR THAT A TAXPAYER MUST HAVE IN ORDER TO BE REQUIRED TO MAKE AN ESTIMATED PAYMENT OF HIS JUNE SALES TAX LIABILITY BY NOT LATER THAN JUNE 25; TO AMEND SECTION 27-67-17, MISSISSIPPI CODE OF 1972, TO INCREASE TO $50,000.00 THE AMOUNT OF THE AVERAGE MONTHLY USE TAX LIABILITY FOR THE PRECEDING YEAR THAT A TAXPAYER MUST HAVE IN ORDER TO BE REQUIRED TO MAKE AN ESTIMATED PAYMENT OF HIS JUNE USE TAX LIABILITY BY NOT LATER THAN JUNE 25; AND FOR RELATED PURPOSES.
End Of Document
2007/html/History/HB/HB0961.htm