Loading chat...
MS HB22
Bill
Status
Failed
2/23/2011
Primary Sponsor
Bobby Moak
Click for details
AI Summary
-
Creates a new state income tax deduction for tuition, fees, and other required costs paid to public or private universities, colleges, or community/junior colleges for the taxpayer or their dependents
-
Married couples filing jointly or combined returns may deduct up to $1,000 annually for higher education costs
-
Single individuals may deduct up to $500 annually for higher education costs
-
Effective date of January 1, 2011
Legislative Description
Income tax; authorize an adjustment to gross income for higher education tuition, fees and other costs.
Last Action
Died In Committee
2/23/2011
Full Bill Text
No bill text available