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Bill > HB509


MS HB509

MS HB509
Unemployment compensation; allow withholding of state income tax.


summary

Introduced
01/18/2021
In Committee
02/16/2021
Crossed Over
02/03/2021
Passed
03/10/2021
Dead
Signed/Enacted/Adopted
03/17/2021

Introduced Session

2021 Regular Session

Bill Summary

An Act To Amend Section 71-5-506, Mississippi Code Of 1972, To Allow Withholding From Unemployment Compensation For State Income Taxes; And For Related Purposes.

AI Summary

This bill amends the Mississippi Code to allow withholding of state income tax from unemployment compensation benefits. Previously, only federal income tax could be withheld. The bill outlines the procedures the Mississippi Department of Employment Security must follow to deduct and withhold state income tax, similar to the existing requirements for federal income tax withholding. The bill takes effect on July 1, 2021.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Approved by Governor (on 03/17/2021)

bill text


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