Bill Text | History of Actions | Background | Title |
Description: Jobs tax credit for certain permanent businesses; the Chairman of the STC may extend periods in the event of a disaster.
Bill Text: [Introduced] [Committee Substitute] [Passed House] [Sent to Governor]
1 | 01/15 (H) Referred To Ways and Means | |
2 | 02/20 (H) Title Suff Do Pass Comm Sub | |
3 | 02/20 (H) Read the Third Time | |
4 | 02/21 (H) Committee Substitute Adopted | |
5 | 02/21 (H) Passed {Vote} | |
6 | 02/23 (H) Transmitted To Senate | |
7 | 02/26 (S) Referred To Finance | |
8 | 03/07 (S) Title Suff Do Pass | |
9 | 03/13 (S) Passed {Vote} | |
10 | 03/14 (S) Transmitted To House | |
11 | 03/16 (H) Enrolled Bill Signed | |
12 | 03/19 (S) Enrolled Bill Signed | |
13 | 03/26 Approved by Governor |
Effective date | July 1, 2007 | |
Disposition | Law | |
Deadline | Revenue | |
Revenue | Yes | |
Vote type required | Three/Fifths | |
Chapter number | 454 |
House Committee:
Senate Committee:
Principal Author: Watson
Code Section: A 027-0007-0022.17
Title: AN ACT TO AMEND SECTION 27-7-22.17, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE CHAIRMAN OF THE STATE TAX COMMISSION TO WAIVE THE PERIOD OF TIME WITHIN WHICH THE JOBS TAX CREDIT MAY BE UTILIZED BY CERTAIN PERMANENT BUSINESS ENTERPRISES THAT ARE UNABLE TO MAINTAIN THE REQUIRED NUMBER OF JOBS AS A DIRECT RESULT OF CERTAIN DISASTERS; TO AUTHORIZE THE CHAIRMAN OF THE STATE TAX COMMISSION TO WAIVE THE REQUIREMENT THAT A CERTAIN NUMBER OF JOBS BE MAINTAINED BY SUCH SUPPLIERS AND EXTEND THE CARRYFORWARD PERIOD OF THE CREDIT; TO PROVIDE THAT THE PERIOD OF TIME FOR WHICH THE REQUIREMENTS MAY BE WAIVED AND THE CARRYFORWARD PERIOD MAY BE EXTENDED SHALL NOT EXCEED TWO YEARS; AND FOR RELATED PURPOSES.
End Of Document
2007/html/History/HB/HB1045.htm