MS SB2701 | 2023 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 22 2023 - 100% progression
Action: 2023-02-22 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Create The Mississippi Income Tax Holiday Act Of 2023; To Provide That, Beginning With Taxes Owed For Calendar Year 2023, Any Taxpayer Filing A Mississippi Individual Income Tax Return Will Receive A Credit In An Amount Equal To 20% Of The Tax Amount, If Any, Reported As "income Tax Due" Before The Application Of Credits; To Specify That The Credit Authorized In This Act May Not Be Transferred To Another Taxpayer Or Carried Over To Another Year; And For Related Purposes.

Tracking Information

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Title

Mississippi Income Tax Holiday Act of 2023; create.

Sponsors


History

DateChamberAction
2023-02-22SenateDied In Committee
2023-01-16SenateReferred To Finance

Mississippi State Sources


Bill Comments

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