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MS HB746
Bill
Status
Failed
4/11/2012
Primary Sponsor
Mark Formby
Click for details
AI Summary
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Deletes the July 1, 2012 repeal date on Section 57-73-25, making the employer skills training tax credit permanent rather than temporary.
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Maintains the 50% income tax credit for employers sponsoring skills training through community/junior colleges, capped at $2,500 per employee per year.
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Updates references from "State Tax Commission" to "Department of Revenue" throughout the statute to reflect the agency's reorganization.
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Effective June 30, 2012.
Legislative Description
Income tax; delete repeal date on tax credit for certain employers sponsoring skills training for employees.
Last Action
Died On Calendar
4/11/2012
Full Bill Text
No bill text available