2017
Regular Session
Tax Credit Scholarship; enact to provide qualifying students eligibility to use to cover eligible education expenses.
AN ACT TO CREATE THE TAX CREDIT SCHOLARSHIP ACT; TO PROVIDE THAT QUALIFYING STUDENTS SHALL BE ELIGIBLE TO USE A SCHOLARSHIP FROM CERTAIN SCHOLARSHIP ORGANIZATIONS TO COVER ELIGIBLE EDUCATIONAL EXPENSES; TO PROVIDE FOR A TAX CREDIT NOT TO EXCEED 50% OF THE TAXPAYERS TAX LIABILITY FOR CONTRIBUTIONS TO CERTAIN SCHOLARSHIP ORGANIZATIONS; TO STIPULATE THE REQUIREMENTS FOR NONPUBLIC SCHOOLS ACCEPTING STUDENTS FOR ENROLLMENT WHO RECEIVE SCHOLARSHIPS UNDER THE PROVISIONS OF THIS ACT; TO PRESCRIBE THE REQUIREMENTS FOR SCHOLARSHIP ORGANIZATIONS ADMINISTERING TAX CREDIT SCHOLARSHIPS; TO REQUIRE THE DEPARTMENT OF REVENUE TO PROVIDE AN ANNUAL LEGISLATIVE REPORT ON THE TAX CREDITS ALLOWED UNDER THIS ACT; TO ALLOW PARENTS TO REQUEST AN ASSESSMENT OF EDUCATIONAL PROGRESS OF STUDENTS ENROLLED; TO PRESCRIBE THE POWERS AND DUTIES OF THE DEPARTMENT OF REVENUE WITH REGARD TO THE ADMINISTRATION OF THIS ACT; TO PROVIDE THAT NONPUBLIC SCHOOLS WHICH ADMIT STUDENTS RECEIVING TAX CREDIT SCHOLARSHIPS ARE NOT AGENTS OF THE STATE OR FEDERAL GOVERNMENT; TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT AMOUNTS RECEIVED AS TAX CREDIT SCHOLARSHIPS TO PAY EDUCATIONAL EXPENSES SHALL BE EXCLUDED FROM GROSS INCOME; AND FOR RELATED PURPOSES.
02/22/17 at 15:08
H
B
1703
House Bill 1703
HB 1703
H
Dead
Revenue
Yes
Three/Fifths
January 1, 2017
Ways and Means
T
../../House_cmtes/WM.xml
Moore
../../House_authors/Moore.xml
A
../../code_sections/027/00070015.xml
1
02/15 (H) Referred To Ways and Means
2
02/22 (H) Died In Committee
../../../../documents/2017/pdf/HB/1700-1799/HB1703IN.pdf
../../../../documents/2017/html/HB/1700-1799/HB1703IN.htm
../../../../documents/2017/pdf/HB/1700-1799/HB1703IN.pdf
../../../../documents/2017/html/HB/1700-1799/HB1703IN.htm
N
../../../../documents/2017/pdf/fiscalnotes/HB1703.pdf