MS HB1704

Authorizes a deduction of up to $2,000 from gross income for each unemployed person hired by a taxpayer during the taxable year.

Requires the hired person to have been unemployed for at least six months immediately before employment and to work an average of at least 30 hours per week.

Requires the taxpayer to employ the hired person for at least six consecutive months during the taxable year.

Designates this provision as the "Mississippi Reemployment Act of 2010" and repeals the deduction on January 1, 2013.

The Mississippi Department of Employment Security shall verify the unemployment status of persons claiming this benefit.