MS SB2989 | 2024 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on March 27 2024 - 100% progression
Action: 2024-03-27 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 27-7-5, Mississippi Code Of 1972, To Freeze The Phase-in Of Income Tax Cuts; To Amend Sections 27-13-5 And 27-13-7, Mississippi Code Of 1972, To Freeze The Phase-out Of The Corporation Franchise Tax; To Repeal Section 5, Chapter 499, Laws Of 2016, Which Provides That The Corporation Franchise Tax Law Is Repealed From And After January 1, 2028; And For Related Purposes.

Tracking Information

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Title

Taxation; freeze phase-in of income tax cuts and phase out of corporation franchise tax.

Sponsors


History

DateChamberAction
2024-03-27SenateDied In Committee
2024-03-08SenateReferred To Finance

Code Citations

ChapterArticleSectionCitation TypeStatute Text
27135Amended CodeSee Bill Text
27137Amended CodeSee Bill Text
2775Amended CodeSee Bill Text

Mississippi State Sources


Bill Comments

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