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MS SB2848

Bill

Official Source

Status

Failed

3/16/2016

Primary Sponsor

Barbara Blackmon

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Allows active members of the U.S. Armed Forces to claim an income tax credit equal to 10% of their Mississippi state income tax liability
  • Requires taxpayers to provide documentation as specified by the Department of Revenue when claiming the credit
  • Adds this tax credit provision to Chapter 7, Title 27 of the Mississippi Code
  • Takes effect January 1, 2016

Legislative Description

Income tax; authorize a credit for active members of the United States Armed Forces.

Last Action

Died In Committee

3/16/2016

Committee Referrals

Finance2/29/2016

Full Bill Text

No bill text available