Mississippi House Bill 1601 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: Passed on March 22 2017 - 100% progression
Action: 2017-03-22 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

An Act To Authorize Taxpayers To Establish First-time Home Buyer Savings Accounts; To Define Certain Terms; To Provide That The Amounts Contributed To A First-time Home Buyer Savings Account, Interest And Other Income Earned On An Account And Distributions From Such An Account That Are Used To Pay Eligible Costs Related To The Purchase Of A Single-family Residence Shall Be Excluded From The Gross Income Of The Account Holder Under The State Income Tax Law; To Amend Section 27-7-15, Mississippi Code Of 1972, In Conformity Thereto; And For Related Purposes.

Income tax; authorize first-time home buyers savings accounts and exclude contributions/distributions from gross income.

Rep. Jeffrey Smith [R]	Rep. Orlando Paden [D]	Rep. John Hines [D]	Rep. Kabir Karriem [D]
Rep. Debra Gibbs [D]	Rep. Kathy Sykes [D]

2017-03-14 - Senate - Senate Passed (Y: 50 N: 1 NV: 1 Abs: 0) [PASS]
2017-02-21 - House - House Passed (Y: 120 N: 0 NV: 2 Abs: 0) [PASS]

Date	Chamber	Action
2017-03-22		Approved by Governor
2017-03-15	Senate	Enrolled Bill Signed
2017-03-15	House	Enrolled Bill Signed
2017-03-15	Senate	Returned For Enrolling
2017-03-14	Senate	Passed
2017-03-13	Senate	Title Suff Do Pass
2017-03-06	Senate	Referred To Finance
2017-02-23	House	Transmitted To Senate
2017-02-21	House	Passed
2017-02-21	House	Committee Substitute Adopted
2017-02-20	House	Title Suff Do Pass Comm Sub
2017-02-15	House	Referred To Ways and Means

Type	Source
Summary	https://billstatus.ls.state.ms.us/2017/pdf/history/HB/HB1601.xml
Text	https://billstatus.ls.state.ms.us/documents/2017/html/HB/1600-1699/HB1601IN.htm
Text	https://billstatus.ls.state.ms.us/documents/2017/html/HB/1600-1699/HB1601CS.htm
Text	https://billstatus.ls.state.ms.us/documents/2017/html/HB/1600-1699/HB1601PS.htm
Text	https://billstatus.ls.state.ms.us/documents/2017/html/HB/1600-1699/HB1601SG.htm
Roll Call	https://billstatus.ls.state.ms.us/2017/pdf/votes/house/0500007.pdf
Roll Call	https://billstatus.ls.state.ms.us/2017/pdf/votes/senate/0710034.pdf