Loading chat...
MS HB1556
Bill
Status
Failed
2/26/2014
Primary Sponsor
David Baria
Click for details
AI Summary
- Creates a state income tax credit for Mississippi grocers equal to 25% of the cost of purchasing locally grown, raised, or produced agricultural, aquacultural, or horticultural products for retail sale for human consumption
- Credit cannot exceed the grocer's total state income tax liability for the taxable year
- Effective January 1, 2014
Legislative Description
Income tax; allow credit to grocers for part of cost of purchasing locally grown or produced agricultural products.
Last Action
Died In Committee
2/26/2014
Committee Referrals
Ways and Means2/17/2014
Full Bill Text
No bill text available