MS HB1495 | 2018 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 21 2018 - 100% progression
Action: 2018-02-21 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 21 2018 - 100% progression
Action: 2018-02-21 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Section 27-7-22.5, Mississippi Code Of 1972, To Clarify That The Income Tax Credit For Ad Valorem Taxes Paid On Certain Inventory Shall Be The Amount Of Such Ad Valorem Taxes Paid; To Provide That The Amount Of The Tax Credit Used In A Taxable Year Shall Not Exceed The Amount Of Income Taxes Due The State Of Mississippi Attributable To The Location Where The Inventory Is Found; And For Related Purposes.
Title
Income tax; revise credit for ad valorem tax paid on inventory.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-21 | House | Died In Committee |
| 2018-01-15 | House | Referred To Ways and Means |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2018/pdf/history/HB/HB1495.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2018/html/HB/1400-1499/HB1495IN.htm |
