2022 Regular SessionMississippi Legislature

SB3163: Income tax; authorize credit for certain expenditures for railroad reconstruction or replacement or new rail infrastructure.

Legislative Summary

An Act To Authorize An Income Tax Credit For Certain Railroad Reconstruction Or Replacement Expenditures And For Certain New Rail Infrastructure Expenditures Made By Class Ii And Class Iii Railroads; To Define Certain Terms For The Purposes Of This Act; To Provide The Amount Of The Tax Credit; To Provide That Any Unused Portion Of The Tax Credit May Be Carried Forward; To Provide That Any Unused Portion Of The Tax Credit May Be Transferred To Another Taxpayer; And For Related Purposes.

Demographic Impact

Overall analysis of equity impact

Neutral
Low Confidence

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Bill History

2/21/2022
Referred To Finance
Senate
2/22/2022
Title Suff Do Pass
Senate
2/23/2022
Passed
Senate
2/24/2022
Transmitted To House
Senate
2/24/2022
Referred To Ways and Means
House of Representatives
3/14/2022
Title Suff Do Pass As Amended
House of Representatives
3/15/2022
Amended
House of Representatives
3/15/2022
Passed As Amended
House of Representatives
3/16/2022
Returned For Concurrence
House of Representatives
3/17/2022
Decline to Concur/Invite Conf
Senate
3/18/2022
Conferees Named Harkins,Fillingane,England
Senate
3/22/2022
Conferees Named Lamar,Steverson,Massengill
House of Representatives
3/26/2022
Died In Conference
Senate

Amendments

House Amendment No 1

Amendment No 1

Not Adopted

House Amendment No 1 to Amendment No 1

Amendment No 1 to Amendment No 1

Adopted

Roll Call Votes

House Passed As Amended
3/15/2022
120
Yea
0
Nay
2
Not Voting
0
Absent
Result: PASSED
Senate Passed
2/23/2022
52
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED