MS HB211 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on January 10 2025 - 25% progression
Action: 2025-01-10 - Referred To Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 10 2025 - 25% progression
Action: 2025-01-10 - Referred To Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Section 27-7-15, Mississippi Code Of 1972, To Exclude From The Definition Of "gross Income" For Purposes Of The State Income Tax Law Amounts Received As Payment For Compensation Or Damages For Property Taken By Eminent Domain Or Condemnation As Authorized By Law, Provided That The Purchase Date For The Property Is Not Less Than Five (5) Years Before The Date The Property Is Taken By Eminent Domain Or Condemnation; And For Related Purposes.
Title
Income tax; exclude payment for property taken by eminent domain from gross income.
Sponsors
Rep. Kimberly Remak [R] | Rep. Jeff Hale [R] | Rep. Doc Harris [R] | Rep. Justin Keen [R] |
History
Date | Chamber | Action |
---|---|---|
2025-01-10 | House | Referred To Ways and Means |
Code Citations
Mississippi State Sources
Type | Source |
---|---|
Summary | https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB0211.xml |
Text | https://billstatus.ls.state.ms.us/documents/2025/html/HB/0200-0299/HB0211IN.htm |