Loading chat...
MS HB1598
Bill
Status
Failed
3/14/2017
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 other sources.
-
Tax credit cannot exceed the processor's total state income tax liability for the taxable year.
-
Effective January 1, 2017.
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
3/14/2017
Committee Referrals
Finance3/6/2017
Ways and Means2/15/2017
Full Bill Text
No bill text available