Mississippi House Bill 1548 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 23 2011 - 100% progression
Action: 2011-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Amend Section 27-7-17, Mississippi Code Of 1972, To Define The Term "captive Reit" For Purposes Of The State Income Tax Deduction Authorized For Dividend Distributions Made By A Real Estate Investment Trust And To Revise The Application Of The Deduction With Regard To A Captive Reit; To Revise The Definition Of The Terms "intangible Property" And "interest Expenses And Cost" And To Define The Terms "management And Administrative Fees" And "subchapter K Entity" For Purposes Of Restrictions On The Deduction Of Certain Expenses Incurred In Connection With Transactions With Related Members And To Revise Certain Provisions Regarding The Deduction; And For Related Purposes.

Income tax; revise provisions regarding certain business deductions.

Rep. Cecil Brown [D]

Date	Chamber	Action
2011-02-23		Died In Committee
2011-02-23		Referred To Ways and Means

Type	Source
Summary	https://billstatus.ls.state.ms.us/2011/pdf/history/HB/HB1548.xml
Text	https://billstatus.ls.state.ms.us/documents/2011/html/HB/1500-1599/HB1548IN.htm