MS SB2928 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 16 2016 - 100% progression
Action: 2016-03-16 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Provide An Income Tax Credit, Insurance Premium Tax Credit And Gaming Gross Revenue License Fee Credit For Entities That Incur Certain Costs For The Purpose Of Aiding In Increasing Commercial Air Service At Commercial Service Airports In This State; To Provide For The Amount Of The Credit; To Provide That The Maximum Aggregate Amount Of The Credits That May Be Claimed By All Entities In Any One State Fiscal Year Shall Not Exceed $2,500,000.00; To Amend Section 27-15-129, Mississippi Code Of 1972, To Provide That The Investments That May Reduce A Taxpayer's Insurance Premium Tax Liability Under Such Section Shall Not Include Any Expenditure For Which A Credit May Be Claimed Under This Act; And For Related Purposes.

Tracking Information

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Title

Commercial air service; authorize incentive for certain expenditures made to increase service at commercial service airports.

Sponsors


History

DateChamberAction
2016-03-16SenateDied In Committee
2016-03-15SenateReferred To Finance

Mississippi State Sources


Bill Comments

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