MS SB2989 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on March 27 2024 - 100% progression
Action: 2024-03-27 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on March 27 2024 - 100% progression
Action: 2024-03-27 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Section 27-7-5, Mississippi Code Of 1972, To Freeze The Phase-in Of Income Tax Cuts; To Amend Sections 27-13-5 And 27-13-7, Mississippi Code Of 1972, To Freeze The Phase-out Of The Corporation Franchise Tax; To Repeal Section 5, Chapter 499, Laws Of 2016, Which Provides That The Corporation Franchise Tax Law Is Repealed From And After January 1, 2028; And For Related Purposes.
Title
Taxation; freeze phase-in of income tax cuts and phase out of corporation franchise tax.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-27 | Senate | Died In Committee |
| 2024-03-08 | 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 | 5 | Amended Code | See Bill Text |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2024/pdf/history/SB/SB2989.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2024/html/SB/2900-2999/SB2989IN.htm |
