SB2853: Income tax; extend repealer on tax credit for certain charges for using certain port and airport facilities.

Legislative Summary

An Act To Amend Section 4, Chapter 492, Laws Of 1994, As Last Amended By Section 3, Chapter 467, Laws Of 2022, To Extend The Date Of The Repealer On Sections 27-7-22.7 And 27-7-22.9, Mississippi Code Of 1972, Which Provide An Income Tax Credit For Taxpayers Using Port Facilities At State, County And Municipal Ports For The Export Of Cargo And Require The Mississippi Development Authority To Report Annually To The Legislature Regarding The Impact Of Such Credit; To Bring Forward Sections 27-7-22.7 And 27-7-22.9, Mississippi Code Of 1972, For The Purpose Of Possible Amendment; To Amend Section 3, Chapter 442, Laws Of 2005, As Last Amended By Section 6, Chapter 467, Laws Of 2022, To Extend The Date Of The Repealer On Sections 27-7-22.25 And 27-7-22.26, Mississippi Code Of 1972, Which Provide An Income Tax Credit For Certain Taxpayers Using The Airport Facilities At Public Airports For Certain Charges Paid On The Export Or Import Of Cargo And Require The Mississippi Development Authority To Report Annually To The Legislature Regarding The Impact Of Such Credit; To Amend Section 27-7-22.25, Mississippi Code Of 1972, To Conform; To Bring Forward Section 27-7-22.26, Mississippi Code Of 1972, For The Purpose Of Possible Amendment; And For Related Purposes.