Mississippi Legislature
2007 Regular Session

Senate Bill 3058

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Bill Text

History of Actions

Background

Title

Description: Reforestation tax credit; clarify and increase the lifetime maximum amount that may be utilized.

Bill Text: [Introduced] [Committee Substitute] [Passed Senate]

History of Actions:

1 01/17 (S) Referred To Finance
2 02/15 (S) Title Suff Do Pass Comm Sub
3 02/21 (S) Committee Substitute Adopted
4 02/21 (S) Passed   {Vote}
5 02/22 (S) Transmitted To House
6 02/23 (H) Referred To Ways and Means
7 03/08 (H) Title Suff Do Pass
8 03/12 (H) Passed   {Vote}
9 03/13 (H) Motion to Reconsider Entered
10 03/15 (H) Died On Calendar

Background Information:

Effective dateJanuary 1, 2007
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

Senate Committee:

House Committee:

Principal Author: Williamson

Additional Authors: Posey, Albritton, Burton, Carmichael, Chaney, Chassaniol, Fillingane, Hyde-Smith, Jackson (32nd), King, Lee (35th), Michel, Morgan, Pickering, Robertson, Thames

Code Section: A 027-0007-0022.15

Title: AN ACT TO AMEND SECTION 27-7-22.15, MISSISSIPPI CODE OF 1972, TO CLARIFY THE INCOME TAX CREDIT FOR ELIGIBLE OWNERS FOR APPROVED REFORESTATION PRACTICES FOR ELIGIBLE TREE SPECIES ON ELIGIBLE LANDS AND TO INCREASE THE MAXIMUM DOLLAR AMOUNT OF THE CREDIT THAT AN ELIGIBLE OWNER MAY UTILIZE DURING HIS LIFETIME; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/15/07 at 11:26.

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