MS HB1535 | 2011 | Regular Session
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Failed on March 15 2011 - 100% progression
Action: 2011-03-15 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Failed on March 15 2011 - 100% progression
Action: 2011-03-15 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
An Act To Amend Section 27-7-15, Mississippi Code Of 1972, To Provide That If A Taxpayer Received One Or More Qualified Gulf Oil Spill Payments During The 2010 Calendar Year, And The Aggregate Amount Of The Payments Was At Least Two Hundred Percent Of The Average Amount Of The Taxpayer's Annual Gross Income For The Previous Three Years, Then One-third Of The Amount Of The Payments Shall Be Included In The Taxpayer's Gross Income For The 2010 Taxable Year, One-third Of The Amount Of The Payments Shall Be Included In The Taxpayer's Gross Income For The 2011 Taxable Year And The Remainder Of The Amount Of The Payments Shall Be Included In The Taxpayer's Gross Income For The 2012 Taxable Year; To Define The Terms "qualified Gulf Oil Spill Payment" And "gulf Oil Spill" For Purposes Of This Act; And For Related Purposes.
Title
Income tax; revise treatment of certain Gulf oil spill related compensation as gross income.
Sponsors
| Rep. Joseph Compretta [D] | Rep. Brandon Jones [D] | Rep. Bobby Moak [D] | Rep. Randall Patterson [R] |
| Rep. Diane Peranich [D] |
Roll Calls
2011-02-22 - House - House Passed (Y: 120 N: 0 NV: 2 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2011-03-15 | Died In Committee | |
| 2011-02-24 | Referred To Finance | |
| 2011-02-23 | Transmitted To Senate | |
| 2011-02-22 | Passed | |
| 2011-02-22 | Committee Substitute Adopted | |
| 2011-02-22 | Title Suff Do Pass Comm Sub | |
| 2011-02-17 | Referred To Ways and Means |
