House Concurrent Resolution 102

A CONCURRENT RESOLUTION SUSPENDING THE DEADLINES FOR THE PURPOSE OF REQUESTING THE DRAFTING, AND THE INTRODUCTION, CONSIDERATION AND PASSAGE, OF A BILL ENTITLED "AN ACT ENTITLED THE "MISSISSIPPI ARMED FORCES TAX FAIRNESS AND RELIEF ACT OF 2003"; TO AMEND THE MISSISSIPPI INCOME TAX LAW TO PROVIDE SPECIAL TAX BENEFITS AND RULES FOR MEMBERS OF THE ARMED FORCES AND MISSISSIPPI NATIONAL GUARD OR RESERVE SERVING ON QUALIFIED OFFICIAL EXTENDED DUTY WHICH IS AT LEAST 150 MILES FROM THEIR PRINCIPAL RESIDENCE; TO PROVIDE FOR THE EXCLUSION OF CAPITAL GAINS TAXATION OF ANY GAIN FROM THE SALE OF A PRINCIPAL RESIDENCE; TO EXCLUDE FROM GROSS INCOME ANY QUALIFIED MILITARY BENEFITS TO THE MEMBER OR HIS FAMILY INCLUDING DEATH BENEFITS AND HOMEOWNERS ASSISTANCE; TO PROVIDE A DEDUCTION FOR ITEMIZERS AND NONITEMIZERS FOR UNREIMBURSED OVERNIGHT TRAVEL, MEALS AND LODGING EXPENSES FOR ARMED FORCES AND MISSISSIPPI NATIONAL GUARD AND RESERVE MEMBERS WHO MUST TRAVEL MORE THAN 100 MILES FROM HOME AND STAY OVERNIGHT AS PART OF THEIR OFFICIAL DUTIES; TO PROVIDE FOR AN INCOME TAX DEDUCTION AND AN EXEMPTION FOR DISTRIBUTIONS FROM AN EDUCATION INDIVIDUAL RETIREMENT ACCOUNT FOR THE COSTS OF TUITION AND EXPENSES OF ANY MISSISSIPPI RESIDENT FOR ATTENDING THE UNITED STATES MILITARY ACADEMY, THE UNITED STATES NAVAL ACADEMY, THE UNITED STATES AIR FORCE ACADEMY, THE UNITED STATES COAST GUARD ACADEMY OR THE UNITED STATES MERCHANT MARINE ACADEMY; TO WAIVE ANY PENALTY FOR LATE FILING OF STATE INCOME TAX RETURNS BY MEMBERS OF THE ARMED FORCES AND MISSISSIPPI NATIONAL GUARD OR RESERVE SERVING ON QUALIFIED OFFICIAL EXTENDED DUTY; TO AMEND SECTIONS 27-7-15, 27-7-16, 27-7-17 AND 27-7-53, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; TO INCLUDE CHILD CARE AND WORK TRANSPORTATION ASSISTANCE PROVIDED UNDER THE TANF PROGRAM FOR DEPENDENTS OF MEMBERS OF THE ARMED FORCES, NATIONAL GUARD OR RESERVE SERVING ON QUALIFIED EXTENDED DUTY AND TO AMEND SECTION 43-17-5, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; TO PROVIDE FOR NONRESIDENT TUITION WAIVERS AND SCHOLARSHIPS FOR ATTENDANCE AT STATE INSTITUTIONS OF HIGHER LEARNING AND PUBLIC COMMUNITY COLLEGES FOR DEPENDENTS OF MEMBERS OF THE ARMED FORCES AND MISSISSIPPI NATIONAL GUARD OR RESERVE SERVING ON QUALIFIED OFFICIAL EXTENDED DUTY; AND FOR RELATED PURPOSES."

BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE STATE OF MISSISSIPPI, THE SENATE CONCURRING THEREIN, That the Joint Rules of the House and the Senate, including all the deadlines and other provisions imposed by Joint Rule No. 40, are suspended for the purpose of requesting the drafting, and the introduction, consideration and passage, of a bill entitled "AN ACT ENTITLED THE "MISSISSIPPI ARMED FORCES TAX FAIRNESS AND RELIEF ACT OF 2003"; TO AMEND THE MISSISSIPPI INCOME TAX LAW TO PROVIDE SPECIAL TAX BENEFITS AND RULES FOR MEMBERS OF THE ARMED FORCES AND MISSISSIPPI NATIONAL GUARD OR RESERVE SERVING ON QUALIFIED OFFICIAL EXTENDED DUTY WHICH IS AT LEAST 150 MILES FROM THEIR PRINCIPAL RESIDENCE; TO PROVIDE FOR THE EXCLUSION OF CAPITAL GAINS TAXATION OF ANY GAIN FROM THE SALE OF A PRINCIPAL RESIDENCE; TO EXCLUDE FROM GROSS INCOME ANY QUALIFIED MILITARY BENEFITS TO THE MEMBER OR HIS FAMILY INCLUDING DEATH BENEFITS AND HOMEOWNERS ASSISTANCE; TO PROVIDE A DEDUCTION FOR ITEMIZERS AND NONITEMIZERS FOR UNREIMBURSED OVERNIGHT TRAVEL, MEALS AND LODGING EXPENSES FOR ARMED FORCES AND MISSISSIPPI NATIONAL GUARD AND RESERVE MEMBERS WHO MUST TRAVEL MORE THAN 100 MILES FROM HOME AND STAY OVERNIGHT AS PART OF THEIR OFFICIAL DUTIES; TO PROVIDE FOR AN INCOME TAX DEDUCTION AND AN EXEMPTION FOR DISTRIBUTIONS FROM AN EDUCATION INDIVIDUAL RETIREMENT ACCOUNT FOR THE COSTS OF TUITION AND EXPENSES OF ANY MISSISSIPPI RESIDENT FOR ATTENDING THE UNITED STATES MILITARY ACADEMY, THE UNITED STATES NAVAL ACADEMY, THE UNITED STATES AIR FORCE ACADEMY, THE UNITED STATES COAST GUARD ACADEMY OR THE UNITED STATES MERCHANT MARINE ACADEMY; TO WAIVE ANY PENALTY FOR LATE FILING OF STATE INCOME TAX RETURNS BY MEMBERS OF THE ARMED FORCES AND MISSISSIPPI NATIONAL GUARD OR RESERVE SERVING ON QUALIFIED OFFICIAL EXTENDED DUTY; TO AMEND SECTIONS 27-7-15, 27-7-16, 27-7-17 AND 27-7-53, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; TO INCLUDE CHILD CARE AND WORK TRANSPORTATION ASSISTANCE PROVIDED UNDER THE TANF PROGRAM FOR DEPENDENTS OF MEMBERS OF THE ARMED FORCES, NATIONAL GUARD OR RESERVE SERVING ON QUALIFIED EXTENDED DUTY AND TO AMEND SECTION 43-17-5, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; TO PROVIDE FOR NONRESIDENT TUITION WAIVERS AND SCHOLARSHIPS FOR ATTENDANCE AT STATE INSTITUTIONS OF HIGHER LEARNING AND PUBLIC COMMUNITY COLLEGES FOR DEPENDENTS OF MEMBERS OF THE ARMED FORCES AND MISSISSIPPI NATIONAL GUARD OR RESERVE SERVING ON QUALIFIED OFFICIAL EXTENDED DUTY; AND FOR RELATED PURPOSES."