MS SB2168 | 2021 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on February 24 2021 - 100% progression
Action: 2021-02-24 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on February 24 2021 - 100% progression
Action: 2021-02-24 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Section 27-7-5, Mississippi Code Of 1972, To Remove The Provisions That Phase Out, Beginning January 1, 2019, Income Taxation On The First $5,000.00 Of Taxable Income; To Amend Section 27-7-18, Mississippi Code Of 1972, To Remove A Provision That Authorizes A Portion Of The Federal Self-employment Taxes Assessed Against Self-employed Individuals To Be Allowed As An Adjustment To Gross Income Under The State Income Tax Law; To Amend Sections 27-13-5 And 27-13-7, Mississippi Code Of 1972, To Remove The Provisions That Phase Out, Beginning January 1, 2019, The Corporation Franchise Tax; To Repeal Section 5, Chapter 499, Laws Of 2016, Which Repeals The Corporation Franchise Law From And After January 1, 2028; And For Related Purposes.
Title
Tax Payer Pay Raise Act; remove phase-out of income & franchise tax & remove deduction of federal employment tax.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-02-24 | Senate | Died In Committee |
| 2021-01-08 | Senate | Referred To Finance |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 27 | 13 | 5 | Amended Code | See Bill Text |
| 27 | 13 | 7 | Amended Code | See Bill Text |
| 27 | 7 | 18 | 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/2021/pdf/history/SB/SB2168.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2021/html/SB/2100-2199/SB2168IN.htm |
