MS HB1676 | 2022 | Regular Session
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on February 23 2022 - 100% progression
Action: 2022-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Bipartisan Bill
Status: Failed on February 23 2022 - 100% progression
Action: 2022-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Section 27-7-5, Mississippi Code Of 1972, To Revise The Rate Of Income Tax Levied On Certain Income Of Eligible New Businesses; To Amend Section 27-7-17, Mississippi Code Of 1972, To Authorize An Additional Income Tax Deduction For Eligible New Businesses; To Define The Term "eligible New Business" For The Purposes Of This Act; And For Related Purposes.
Title
Income tax; reduce rate of tax and authorize additional deduction for certain new businesses.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-02-23 | House | Died In Committee |
| 2022-02-18 | House | Referred To Ways and Means |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 27 | 7 | 17 | Amended Code | See Bill Text |
| 27 | 7 | 5 | Amended Code | See Bill Text |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2022/pdf/history/HB/HB1676.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2022/html/HB/1600-1699/HB1676IN.htm |
