MS SB3044 | 2018 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
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 2-0)
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 Authorize Separate Income Tax Credits For Voluntary Cash Contributions To Qualifying Charitable Organizations And Qualifying Foster Care Charitable Organizations; To Limit The Amount Of Such Credits; To Allow Excess Amounts Of The Credit To Be Carried Forward For Five Consecutive Years; To Provide That The Credits Authorized By This Act Are In Lieu Of Charitable Deductions Taken Under The Internal Revenue Code And Utilized For State Tax Purposes; To Provide The Criteria That A Charitable Organization Must Meet In Order For A Contribution To The Organization To Qualify For The Credit; To Amend Section 27-7-22.32, Mississippi Code Of 1972, To Revise The Amount Of The Tax Credit Authorized For Expenses Incurred For The Adoption Of A Child And To Revise The Number Of Years That The Unused Portion Of The Tax Credit May Be Carried Forward; And For Related Purposes.
Title
Income tax; authorize a credit for contributions to certain charitable organizations.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2018-02-21 | Senate | Died In Committee |
2018-02-16 | Senate | Referred To Finance |
Mississippi State Sources
Type | Source |
---|---|
Summary | https://billstatus.ls.state.ms.us/2018/pdf/history/SB/SB3044.xml |
Text | https://billstatus.ls.state.ms.us/documents/2018/html/SB/3000-3099/SB3044IN.htm |