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MS HB1617
Bill
Status
Failed
2/25/2015
Primary Sponsor
John Lamar
Click for details
AI Summary
- Creates a state income tax credit for venison processors located in Mississippi equal to 50% of production costs for processing venison donated by hunters to the Mississippi Hunter's Harvest Program of the Mississippi Wildlife Federation
- Credit applies only to venison processing costs for which the processor has not been paid or received reimbursement from any other source
- Credit cannot exceed the processor's total state income tax liability for the taxable year
- Takes effect January 1, 2015
Legislative Description
Income tax; allow credit to venison processors for part of costs of processing venison for MS Hunter's Harvest Program.
Last Action
Died In Committee
2/25/2015
Committee Referrals
Ways and Means2/18/2015
Full Bill Text
No bill text available