MS SB2417 | 2011 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 23 2011 - 100% progression
Action: 2011-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 23 2011 - 100% progression
Action: 2011-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Sections 27-13-5 And 27-13-7, Mississippi Code Of 1972, To Revise The Franchise Tax Levy To Provide That The Levy Shall Be Equal To $2.50 For Each $1,000.00, Or Fraction Thereof, Of The Retained Earnings Of The Entity Taxed That Are Employed In This State; To Amend Sections 27-13-9, 27-13-11 And 27-13-13, Mississippi Code Of 1972, In Conformity Thereto; And For Related Purposes.
Title
Franchise tax; base the levy on retained earnings employed in this state.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2011-02-23 | Died In Committee | |
2011-01-12 | Referred To Finance |
Mississippi State Sources
Type | Source |
---|---|
Summary | https://billstatus.ls.state.ms.us/2011/pdf/history/SB/SB2417.xml |
Text | https://billstatus.ls.state.ms.us/documents/2011/html/SB/2400-2499/SB2417IN.htm |