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<!DOCTYPE HISTORY SYSTEM "../../dtds_xslts/history.dtd">
 
<HISTORY>
	<YEAR>2017</YEAR>
	<SESSION>Regular Session</SESSION>
	<SHORTTITLE>Income tax; authorize first-time home buyers savings accounts and exclude contributions/distributions from gross income.</SHORTTITLE>
	<LONGTITLE>AN ACT TO AUTHORIZE TAXPAYERS TO ESTABLISH FIRST-TIME HOME BUYER SAVINGS ACCOUNTS; TO DEFINE CERTAIN TERMS; TO PROVIDE THAT THE AMOUNTS CONTRIBUTED TO A FIRST-TIME HOME BUYER SAVINGS ACCOUNT, INTEREST AND OTHER INCOME EARNED ON AN ACCOUNT AND DISTRIBUTIONS FROM SUCH AN ACCOUNT THAT ARE USED TO PAY ELIGIBLE COSTS RELATED TO THE PURCHASE OF A SINGLE-FAMILY RESIDENCE SHALL BE EXCLUDED FROM THE GROSS INCOME OF THE ACCOUNT HOLDER UNDER THE STATE INCOME TAX LAW; TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.</LONGTITLE>
	<DATETIMELASTCHG>06/13/17 at 09:01</DATETIMELASTCHG>
 
	<MEASURE>
		<MSR_HS>H</MSR_HS>
		<MSR_TYPE>B</MSR_TYPE>
		<MSR_NUM>1601</MSR_NUM>
		<FORMAT_MSRID>House Bill 1601</FORMAT_MSRID>
		<SHORT_MSRID>HB 1601</SHORT_MSRID>
		<OWNER>H</OWNER>
	</MEASURE>
 
	<BACKGROUND>
		<DISPOSITION>Law</DISPOSITION>
		<DEADLINE>Revenue</DEADLINE>
		<REVENUE>Yes</REVENUE>
		<VOTETYPE>Three/Fifths</VOTETYPE>
		<EFFECTIVEDATE>January 1, 2017</EFFECTIVEDATE>
		<CHAPNUM> 376</CHAPNUM>
	</BACKGROUND>
	<COMMITTEES>
		<HOUSE>
			<H_NAME>Ways and Means</H_NAME>
			<H_INCMTE>F</H_INCMTE>
			<H_LINK>../../House_cmtes/WM.xml</H_LINK>
		</HOUSE>
		<SENATE>
			<S_NAME>Finance</S_NAME>
			<S_INCMTE>F</S_INCMTE>
			<S_LINK>../../Senate_cmtes/FI.xml</S_LINK>
		</SENATE>
	</COMMITTEES>
	<AUTHORS>
		<PRINCIPAL>
			<P_NAME>Smith</P_NAME>
			<P_LINK>../../House_authors/Smith.xml</P_LINK>
		</PRINCIPAL>
		<ADDITIONAL>
			<CO_NAME>Paden</CO_NAME>
			<CO_LINK>../../House_authors/Paden.xml</CO_LINK>
	</ADDITIONAL>
		<ADDITIONAL>
			<CO_NAME>Hines</CO_NAME>
			<CO_LINK>../../House_authors/Hines.xml</CO_LINK>
	</ADDITIONAL>
		<ADDITIONAL>
			<CO_NAME>Karriem</CO_NAME>
			<CO_LINK>../../House_authors/Karriem.xml</CO_LINK>
	</ADDITIONAL>
		<ADDITIONAL>
			<CO_NAME>Gibbs (72nd)</CO_NAME>
			<CO_LINK>../../House_authors/Gibbs_(72nd).xml</CO_LINK>
	</ADDITIONAL>
		<ADDITIONAL>
			<CO_NAME>Sykes</CO_NAME>
			<CO_LINK>../../House_authors/Sykes.xml</CO_LINK>
	</ADDITIONAL>
	</AUTHORS>
	<CODESECTIONS>
		<AFFECT>A</AFFECT>
		<SECTION>027-0007-0015</SECTION>
		<SECTIONLINK>../../code_sections/027/00070015.xml</SECTIONLINK>
	</CODESECTIONS>
	<ACTION>
		<ACT_NUMBER> 1</ACT_NUMBER>
		<ACT_DESC>02/15 (H) Referred To Ways and Means</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 2</ACT_NUMBER>
		<ACT_DESC>02/20 (H) Title Suff Do Pass Comm Sub</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 3</ACT_NUMBER>
		<ACT_DESC>02/21 (H) Committee Substitute Adopted</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 4</ACT_NUMBER>
		<ACT_DESC>02/21 (H) Passed</ACT_DESC>
		<ACT_VOTE>../../../../2017/pdf/votes/house/0500007.pdf</ACT_VOTE>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 5</ACT_NUMBER>
		<ACT_DESC>02/23 (H) Transmitted To Senate</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 6</ACT_NUMBER>
		<ACT_DESC>03/06 (S) Referred To Finance</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 7</ACT_NUMBER>
		<ACT_DESC>03/13 (S) Title Suff Do Pass</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 8</ACT_NUMBER>
		<ACT_DESC>03/14 (S) Passed</ACT_DESC>
		<ACT_VOTE>../../../../2017/pdf/votes/senate/0710034.pdf</ACT_VOTE>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 9</ACT_NUMBER>
		<ACT_DESC>03/15 (S) Returned For Enrolling</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>10</ACT_NUMBER>
		<ACT_DESC>03/15 (H) Enrolled Bill Signed</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>11</ACT_NUMBER>
		<ACT_DESC>03/15 (S) Enrolled Bill Signed</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER>12</ACT_NUMBER>
		<ACT_DESC>03/22 Approved by Governor</ACT_DESC>
	</ACTION>
	<DOCUMENTS>
		<CURRENT>
			<CURRENT_PDF>../../../../documents/2017/pdf/HB/1600-1699/HB1601SG.pdf</CURRENT_PDF>
			<CURRENT_OTHER>../../../../documents/2017/html/HB/1600-1699/HB1601SG.htm</CURRENT_OTHER>
		</CURRENT>
		<INTRO>
			<INTRO_PDF>../../../../documents/2017/pdf/HB/1600-1699/HB1601IN.pdf</INTRO_PDF>
			<INTRO_OTHER>../../../../documents/2017/html/HB/1600-1699/HB1601IN.htm</INTRO_OTHER>
		</INTRO>
		<CMTESUB>
			<CMTESUB_PDF>../../../../documents/2017/pdf/HB/1600-1699/HB1601CS.pdf</CMTESUB_PDF>
			<CMTESUB_OTHER>../../../../documents/2017/html/HB/1600-1699/HB1601CS.htm</CMTESUB_OTHER>
		</CMTESUB>
		<PASSED>
			<PASSED_PDF>../../../../documents/2017/pdf/HB/1600-1699/HB1601PS.pdf</PASSED_PDF>
			<PASSED_OTHER>../../../../documents/2017/html/HB/1600-1699/HB1601PS.htm</PASSED_OTHER>
		</PASSED>
		<ASG>
			<ASG_PDF>../../../../documents/2017/pdf/HB/1600-1699/HB1601SG.pdf</ASG_PDF>
			<ASG_OTHER>../../../../documents/2017/html/HB/1600-1699/HB1601SG.htm</ASG_OTHER>
		</ASG>
		<FISCALNOTE>
			<FISCALNOTEFLAG>N</FISCALNOTEFLAG>
			<FISCALNOTEPATH>../../../../documents/2017/pdf/fiscalnotes/HB1601.pdf</FISCALNOTEPATH>
		</FISCALNOTE>
	</DOCUMENTS>
</HISTORY>
