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MS HB1498

Bill

Official Source

Status

Failed

2/27/2013

Primary Sponsor

Bobby Moak

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Adds a new fuel cost deduction to Mississippi's income tax law for tax years 2013, 2014, and 2015.

  • Allows married individuals filing joint or combined returns a $1,000 fuel cost deduction from gross income.

  • Allows single individuals a $500 fuel cost deduction from gross income.

  • Takes effect January 1, 2013, with no effect on tax claims or assessments from before that date.

Legislative Description

Income tax; authorize fuel cost adjustment to gross income.

Last Action

Died In Committee

2/27/2013

Committee Referrals

Ways and Means1/21/2013

Full Bill Text

No bill text available