2020
Regular Session
Children's Promise Act; remove reverter and extend repealer on tax credits, and increase certain limits on credits authorized.
AN ACT TO AMEND SECTION 27-7-22.32, MISSISSIPPI CODE OF 1972, WHICH AUTHORIZES AN INCOME TAX CREDIT FOR EXPENSES INCURRED FOR THE ADOPTION OF A CHILD, TO REMOVE THE REVERTER ON THE PROVISION OF LAW THAT PROVIDES THAT THE MAXIMUM AMOUNT OF THE TAX CREDIT CANNOT EXCEED $5,000.00 FOR A CHILD AND THE PROVISION THAT AUTHORIZES AN INCOME TAX CREDIT FOR CHILDREN ADOPTED THROUGH THE MISSISSIPPI DEPARTMENT OF CHILD PROTECTION SERVICES; TO AMEND SECTION 27-7-22.39, MISSISSIPPI CODE OF 1972, WHICH AUTHORIZES INCOME TAX CREDITS FOR VOLUNTARY CASH CONTRIBUTIONS TO QUALIFYING CHARITABLE ORGANIZATIONS AND QUALIFYING FOSTER CARE CHARITABLE ORGANIZATIONS, TO EXTEND THE DATE OF THE REPEALER ON SUCH SECTION; TO AMEND SECTION 27-7-22.41, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $5,000,000.00 TO $7,500,000.00 THE AMOUNT OF THE TAX CREDIT FOR VOLUNTARY CASH CONTRIBUTIONS MADE ANNUALLY BY A BUSINESS ENTERPRISE TO AN ELIGIBLE CHARITABLE ORGANIZATION; AND FOR RELATED PURPOSES.
11/17/20 at 15:03
S
B
2771
Senate Bill 2771
SB 2771
S
Dead
Revenue
Yes
Three/Fifths
January 1, 2020
Ways and Means
T
../../House_cmtes/WM.xml
Finance
F
../../Senate_cmtes/FI.xml
Harkins
../../Senate_authors/Harkins.xml
A
../../code_sections/027/00070022_32.xml
A
../../code_sections/027/00070022_39.xml
A
../../code_sections/027/00070022_41.xml
1
02/17 (S) Referred To Finance
2
03/03 (S) Title Suff Do Pass Comm Sub
3
03/12 (S) Committee Substitute Adopted
4
03/12 (S) Tabled Subject To Call
5
06/03 (S) Passed
../../../../2020/pdf/votes/senate/1490011.pdf
6
06/04 (S) Transmitted To House
7
06/12 (H) Referred To Ways and Means
8
06/23 (H) Died In Committee
../../../../documents/2020/pdf/SB/2700-2799/SB2771PS.pdf
../../../../documents/2020/dt/SB/2700-2799/SB2771PS.pdf
../../../../documents/2020/html/SB/2700-2799/SB2771PS.htm
../../../../documents/2020/pdf/SB/2700-2799/SB2771IN.pdf
../../../../documents/2020/dt/SB/2700-2799/SB2771IN.pdf
../../../../documents/2020/html/SB/2700-2799/SB2771IN.htm
../../../../documents/2020/pdf/SB/2700-2799/SB2771CS.pdf
../../../../documents/2020/dt/SB/2700-2799/SB2771CS.pdf
../../../../documents/2020/html/SB/2700-2799/SB2771CS.htm
../../../../documents/2020/pdf/SB/2700-2799/SB2771PS.pdf
../../../../documents/2020/dt/SB/2700-2799/SB2771PS.pdf
../../../../documents/2020/html/SB/2700-2799/SB2771PS.htm
N
../../../../documents/2020/pdf/fiscalnotes/SB2771.pdf