MS SB2999 | 2018 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 21 2018 - 100% progression
Action: 2018-02-21 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 21 2018 - 100% progression
Action: 2018-02-21 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Provide An Income Tax Credit To Employers Who Pay Costs In Connection With A Qualified Wellness Program In The Amount Of 50% Of The Costs Paid In Connection With The Qualified Wellness Program; To Limit The Amount Of The Credit That An Employer May Claim In Any One Taxable Year; To Provide That The Aggregate Amount Of Tax Credits That May Be Awarded Under This Act In Any One Calendar Year Shall Not Exceed $1,000,000.00; To Provide The Components That A Wellness Program Must Have To Qualify For The Credit; To Provide That If The Amount Of The Allowable Credit Exceeds The Income Tax Liability Of The Employer In A Taxable Year, The Amount Of The Excess Shall Not Be Refundable Or Carried Forward To Any Other Taxable Year; To Require The State Department Of Health, Office Of Preventive Health, To Certify Employers' Eligibility For The Credit; To Provide That $30,000.00 Shall Be Appropriated Annually To The Department Of Health, Office Of Preventive Health, To Assist In The Discharge Of The Office's Duties Under This Act; And For Related Purposes.
Title
Income tax; authorize a credit for employers who pay the cost of a qualified wellness program.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2018-02-21 | Senate | Died In Committee |
2018-02-09 | Senate | Referred To Finance |
Mississippi State Sources
Type | Source |
---|---|
Summary | https://billstatus.ls.state.ms.us/2018/pdf/history/SB/SB2999.xml |
Text | https://billstatus.ls.state.ms.us/documents/2018/html/SB/2900-2999/SB2999IN.htm |