Bill
Bill > HB597
MS HB597
MS HB597Department of Revenue; authorize to revise individual income tax forms to allow taxpayer to designate two bank accounts for direct deposit.
summary
Introduced
02/05/2020
02/05/2020
In Committee
05/11/2020
05/11/2020
Crossed Over
03/12/2020
03/12/2020
Passed
06/15/2020
06/15/2020
Dead
Signed/Enacted/Adopted
06/22/2020
06/22/2020
Introduced Session
2020 Regular Session
Bill Summary
An Act To Amend Section 27-7-39, Mississippi Code Of 1972, To Require The Department Of Revenue To Revise The Individual Income Tax Forms Used For Returns To Allow An Individual Taxpayer To Designate Up To Two Bank Accounts For Direct Deposit Of The Taxpayer's Refund And The Allocation Of The Taxpayer's Refund Amount Between The Designated Bank Accounts; And For Related Purposes.
AI Summary
This bill requires the Mississippi Department of Revenue to revise individual income tax forms to allow taxpayers to designate up to two bank accounts for direct deposit of their tax refunds and to allocate the refund amount between those accounts. This new provision will apply to tax years beginning on or after January 1, 2021.
Committee Categories
Business and Industry
Sponsors (5)
Otis Anthony (D)*,
Stephanie Foster (D)*,
Carl Mickens (D)*,
Orlando Paden (D)*,
Jody Steverson (R)*,
Last Action
Approved by Governor (on 06/22/2020)
Official Document
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