Loading chat...
MS SB2159
Bill
AI Summary
- Allows Mississippi taxpayers a credit against income tax equal to health insurance premiums paid for themselves and their dependents during the taxable year
- Limits the credit to a maximum of $500 or the taxpayer's income tax liability, whichever is less
- Prohibits the same premium amounts from being claimed as a credit by more than one taxpayer
- Unused tax credits cannot be carried forward to subsequent tax years
- Effective January 1, 2010
Legislative Description
Income taxation; authorize a credit for payment of health insurance premiums.
Last Action
Died In Committee
2/24/2010
Full Bill Text
No bill text available