Mississippi House Bill 257 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 27 2013 - 100% progression
Action: 2013-02-27 - 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
2013-02-27	House	Died In Committee
2013-01-14	House	Referred To Ways and Means

Type	Source
Summary	https://billstatus.ls.state.ms.us/2013/pdf/history/HB/HB0257.xml
Text	https://billstatus.ls.state.ms.us/documents/2013/html/HB/0200-0299/HB0257IN.htm