Bill Text | History of Actions | Background | Title |
Description: Jobs tax credit for permanent businesses; the Chairman of the Tax Commission may extend time periods in the event of a disaster.
Bill Text: [Introduced] [Committee Substitute] [Passed Senate]
1 | 01/10 (S) Referred To Finance | |
2 | 02/13 (S) Title Suff Do Pass Comm Sub | |
3 | 02/15 (S) Committee Substitute Adopted | |
4 | 02/15 (S) Passed {Vote} | |
5 | 02/16 (S) Transmitted To House | |
6 | 02/21 (H) Referred To Ways and Means | |
7 | 03/08 (H) Title Suff Do Pass | |
8 | 03/12 (H) Read the Third Time | |
9 | 03/13 (H) Passed {Vote} | |
10 | 03/13 (H) Motion to Reconsider Entered | |
11 | 03/15 (H) Died On Calendar |
Effective date | July 1, 2007 | |
Disposition | Dead | |
Deadline | Revenue | |
Revenue | Yes | |
Vote type required | Three/Fifths |
Senate Committee:
House Committee:
Principal Author: Robertson
Additional Authors: Butler, Dearing, Fillingane, Frazier, Gollott, Harden, Hewes, Jackson (11th), Jordan, Walls, White
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/SB/SB2525.htm