2024 Regular Session • Mississippi Legislature
HB1485: Income tax; exclude forgiven, cancelled or discharged federal student loan debt under the Public Service Loan Forgiveness Program from the definition of "gross income".
Legislative Summary
An Act To Amend Section 27-7-15, Mississippi Code Of 1972, To Exclude Forgiven, Cancelled Or Discharged Federal Student Loan Debt Under The Public Service Loan Forgiveness Program From The Definition Of "gross Income" For State Income Tax Purposes; And For Related Purposes.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
2/19/2024
Referred To Ways and Means
House of Representatives
3/26/2024
Title Suff Do Pass
House of Representatives
3/27/2024
Passed
House of Representatives
3/28/2024
Transmitted To Senate
House of Representatives
4/10/2024
Referred To Finance
Senate
4/16/2024
Died In Committee
Senate
Roll Call Votes
House Passed
3/27/2024
115
Yea
0
Nay
7
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Failed(4/16/2024)
Chamber
Senate
Sine Die