MS HB24

Excludes from Mississippi state income tax gross income of residents serving on active federal duty with the U.S. Armed Forces while stationed outside Mississippi pursuant to military orders.

Adds new subsection (ff) to Section 27-7-15 of the Mississippi Code defining which military compensation qualifies for the exclusion.

Applies to compensation received by residents for active duty service in the Armed Forces while in active duty status and stationed outside the state.

Effective January 1, 2010, with no impact on tax claims, assessments, or appeals for amounts due before the effective date.