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MS SC678

Concurrent Resolution

Status

Failed

3/29/2017

Primary Sponsor

Michael Watson

Click for details

Origin

Senate

2017 Regular Session

AI Summary

  • Urges Mississippi's congressional delegation to support federal tax reform that lowers income tax rates on small businesses and corporations.
  • Requests repeal of the Death Tax (estate tax) and the Alternative Minimum Tax.
  • Calls for implementation of territorial taxation to eliminate double taxation of overseas income brought back to the United States.
  • Advocates for full business expensing to allow businesses to immediately deduct equipment costs rather than depreciating them arbitrarily.
  • Directs that copies of the resolution be transmitted to Mississippi's congressional delegation members.

Legislative Description

Urge United States Congress to enact pro-growth federal tax reform.

Last Action

Died In Committee

3/29/2017

Committee Referrals

Rules3/26/2017

Full Bill Text

No bill text available