2022 Regular SessionMississippi Legislature

HB1681: Income tax; authorize a credit for ad valorem taxes paid on certain property.

Legislative Summary

An Act To Authorize An Income Tax Credit For A Taxpayer Claiming A Homestead Exemption Who Also Owns Class Ii Property That Would Qualify As Class I Property If The Taxpayer Had Claimed A Valid Homestead Exemption On The Property; To Provide For The Amount Of The Income Tax Credit Authorized By This Act; And For Related Purposes.

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

2/18/2022
Referred To Ways and Means
House of Representatives
2/23/2022
Died In Committee
House of Representatives

Status Information

Current Status
Failed(2/23/2022)
Chamber
House of Representatives
Sine DiePrior Session

Documents

Introduced
Bill Text2/18/20224.7 KB