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MS HB806
Bill
Status
Failed
2/26/2014
Primary Sponsor
William Arnold
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AI Summary
- Authorize annual income tax credit of $1,000 for five years for each employee convicted of a nonviolent felony offense
- Limit credit to amount of tax imposed on taxpayer for the year, reduced by other allowable credits (except tax payments)
- Require employee to work at least nine consecutive months annually and average at least 30 hours per week to qualify
- Define "nonviolent crime" according to Section 47-7-3 of Mississippi Code
- Repeal provision effective January 1, 2017, but allow those eligible before that date to continue claiming credit
Legislative Description
Income tax; authorize a credit for taxpayers that employ persons convicted of certain felony offenses.
Last Action
Died In Committee
2/26/2014
Committee Referrals
Ways and Means1/20/2014
Full Bill Text
No bill text available