Loading chat...
MS HB161
Bill
Status
3/28/2012
Primary Sponsor
Bobby Howell
Click for details
AI Summary
-
Amends Section 57-73-21 to include entities that are qualifying businesses under the Mississippi Entertainment District Act in the definition of "business enterprise" for income tax jobs credit purposes.
-
Allows all net full-time jobs created within an entertainment district by qualifying businesses to be aggregated together for determining eligibility for tax credits in Tier One, Two, and Three areas.
-
All qualifying businesses in an entertainment district become eligible for tax credits once the aggregate number of net full-time jobs created in that district meets the applicable minimum job requirement.
-
Effective January 1, 2013.
Legislative Description
Income tax, jobs credit; aggregate jobs created by qualifying businesses in entertainment dist. for eligibility purposes.
Last Action
Died In Committee
3/28/2012