MS SB2589 | 2015 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 20 2015 - 100% progression
Action: 2015-04-20 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

An Act To Amend Section 27-7-308, Mississippi Code Of 1972, To Provide That In A Sale Of Real Property And Associated Tangible Personal Property Which Is Not Considered An Exchange Or Trade Of Such Property And Which Results In Gross Proceeds Greater Than $100,000.00 Paid By The Buyer To The Seller And Owned By A Nonresident, The Seller, Rather Than The Buyer, Shall Be Responsible For Paying Over To The Department Of Revenue An Amount Equal To 5% Of The Amount Realized By The Seller; And For Related Purposes.

Tracking Information

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Title

Sale of property by nonresident; require seller to withhold for income taxes rather than the buyer.

Sponsors


Roll Calls

2015-03-31 - House - House Conference Report Adopted (Y: 120 N: 0 NV: 1 Abs: 0) [PASS]
2015-03-30 - Senate - Senate Conference Report Adopted (Y: 52 N: 0 NV: 0 Abs: 0) [PASS]
2015-03-05 - House - House Passed As Amended (Y: 118 N: 2 NV: 1 Abs: 0) [PASS]
2015-02-05 - Senate - Senate Passed (Y: 48 N: 3 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2015-04-20 Approved by Governor
2015-04-06HouseEnrolled Bill Signed
2015-04-06SenateEnrolled Bill Signed
2015-03-31HouseConference Report Adopted
2015-03-30SenateConference Report Adopted
2015-03-29HouseConference Report Filed
2015-03-29SenateConference Report Filed
2015-03-28HouseConferees Named Baker,Reynolds,Snowden
2015-03-26SenateConferees Named Fillingane,Harkins,Longwitz
2015-03-18SenateDecline to Concur/Invite Conf
2015-03-06HouseReturned For Concurrence
2015-03-05HousePassed As Amended
2015-03-05HouseAmended
2015-03-03HouseTitle Suff Do Pass As Amended
2015-02-25HouseReferred To Judiciary A
2015-02-06SenateTransmitted To House
2015-02-06SenateMotion to Reconsider Tabled
2015-02-05SenateMotion to Reconsider Entered
2015-02-05SenatePassed
2015-02-05SenateAmendment Failed
2015-02-05SenateCommittee Substitute Adopted
2015-02-03SenateTitle Suff Do Pass Comm Sub
2015-01-19SenateReferred To Finance

Mississippi State Sources


Bill Comments

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