2012
Regular Session
Qualified equity investment tax credit; revise certain provisions regarding.
AN ACT TO AMEND SECTION 57-105-1, MISSISSIPPI CODE OF 1972, TO REVISE THE TIME WITHIN WHICH A QUALIFIED COMMUNITY DEVELOPMENT ENTITY ALLOCATED A QUALIFIED EQUITY INVESTMENT TAX CREDIT MUST ISSUE THE QUALIFIED EQUITY INVESTMENT FOR WHICH THE CREDIT WAS ALLOCATED; TO DEFINE THE TERMS "NEW MARKETS TAX CREDIT TRANSACTION," "PUBLIC BENEFIT CORPORATION," "PUBLIC ENTITY OR PUBLIC ENTITIES" AND "PUBLIC PROPERTY OR FACILITIES"; TO AUTHORIZE PUBLIC ENTITIES TO CREATE PUBLIC BENEFIT CORPORATIONS FOR THE PURPOSE OF ENTERING INTO FINANCING AGREEMENTS AND ENGAGING IN NEW MARKETS TAX CREDIT TRANSACTIONS; TO AUTHORIZE PUBLIC ENTITIES TO ENTER INTO FINANCING ARRANGEMENTS IN ORDER TO TRANSFER PUBLIC PROPERTY OR FACILITIES TO OR FROM PUBLIC BENEFIT CORPORATIONS; TO AUTHORIZE PUBLIC ENTITIES AND PUBLIC BENEFIT CORPORATIONS, WITH RESPECT TO NEW MARKETS TAX CREDIT TRANSACTIONS, TO ENTER INTO FINANCING ARRANGEMENTS WITH GOVERNMENTAL, NONPROFIT OR FOR PROFIT ENTITIES IN ORDER TO LEVERAGE FUNDS NOT OTHERWISE AVAILABLE TO PUBLIC ENTITIES FOR THE ACQUISITION, CONSTRUCTION OR RENOVATION OF PROPERTIES TRANSFERRED TO A PUBLIC BENEFIT CORPORATION; TO AMEND SECTION 31-7-13, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.
06/05/12 at 15:39
H
B
1257
House Bill 1257
HB 1257
H
Law
General Bill/Constitutional Amendment
No
Three/Fifths
July 1, 2012
446
Ways and Means
F
../../House_cmtes/WM.xml
Finance
F
../../Senate_cmtes/FI.xml
Smith (39th)
../../House_authors/Smith_(39th).xml
A
../../code_sections/057/01050001.xml
A
../../code_sections/031/00070013.xml
1
02/20 (H) Referred To Ways and Means
2
02/29 (H) Title Suff Do Pass
3
03/12 (H) Read the Third Time
4
03/13 (H) Amended
5
03/13 (H) Passed As Amended
../../../../2012/pdf/votes/house/0710016.pdf
6
03/15 (H) Transmitted To Senate
7
03/20 (S) Referred To Finance
8
04/03 (S) Title Suff Do Pass
9
04/05 (S) Passed
../../../../2012/pdf/votes/senate/0940006.pdf
10
04/09 (S) Transmitted To House
11
04/12 (S) Enrolled Bill Signed
12
04/12 (H) Enrolled Bill Signed
13
04/19 Approved by Governor
../../../../documents/2012/pdf/HB/1200-1299/HB1257SG.pdf
../../../../documents/2012/html/HB/1200-1299/HB1257SG.htm
../../../../documents/2012/pdf/HB/1200-1299/HB1257IN.pdf
../../../../documents/2012/html/HB/1200-1299/HB1257IN.htm
../../../../documents/2012/pdf/HB/1200-1299/HB1257PS.pdf
../../../../documents/2012/html/HB/1200-1299/HB1257PS.htm
../../../../documents/2012/pdf/HB/1200-1299/HB1257SG.pdf
../../../../documents/2012/html/HB/1200-1299/HB1257SG.htm
Amendment No 1
Adopted
../../../../documents/2012/pdf/ham/HB1257_H_Amend_01.htm
../../../../../documents/2012/html/ham/HB1257_H_Amend_01.htm
Voice Vote