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MS SB2919

Bill

Status

Failed

2/27/2013

Primary Sponsor

Joey Fillingane

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Excludes from state income tax any compensation received by out-of-state infrastructure company employees for disaster or emergency-related work performed in Mississippi during a declared disaster period
  • Exempts foreign infrastructure company affiliates from state corporate franchise tax when conducting operations in Mississippi solely for disaster recovery work
  • Eliminates state income tax withholding requirements for foreign infrastructure companies employing workers on disaster-related repairs to communications networks and electric utility systems
  • Defines "disaster period" as beginning within 10 days of a Governor's or President's disaster declaration and extending 60 days after the declared disaster ends
  • Does not exempt these companies or employees from transaction taxes such as fuel taxes, sales/use taxes, hotel taxes, or automobile rental taxes on purchases made during the disaster period

Legislative Description

Mississippi Infrastructure Company Recovery Act of 2013; create,.

Last Action

Died In Committee

2/27/2013

Committee Referrals

Finance2/26/2013

Full Bill Text

No bill text available