MS HB57

Amends Mississippi Code Section 27-7-15 to exclude compensation received by nonresidents for active federal service as Armed Forces members on active duty while stationed in Mississippi from gross income taxation.

The exclusion applies in the same amount as the existing exemption for National Guard or Reserve Forces compensation: $5,000 annually through tax year 2005, and $15,000 annually thereafter.

Applies only to nonresidents on active duty status pursuant to military orders stationed in Mississippi.

Effective January 1, 2010, with no retroactive effect on prior tax claims, assessments, or enforcement actions.