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MS HB693
Bill
Status
Failed
2/24/2010
Primary Sponsor
Stephen Holland
Click for details
AI Summary
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Adds a new deduction to Mississippi income tax law allowing taxpayers to deduct actual costs paid for textbooks and school supplies for dependents in legitimate home instruction programs.
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Limits the deduction to a maximum of $300 per student per taxable year.
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Defines eligible home instruction programs as those described in Section 37-13-91 of Mississippi Code.
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Takes effect January 1, 2010.
Legislative Description
Income tax; authorize adjustament to gross income for costs paid for textbooks and supplies for home schooled students.
Last Action
Died In Committee
2/24/2010
Full Bill Text
No bill text available