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MS HB241
Bill
Status
2/23/2011
Primary Sponsor
Henry Zuber
Click for details
AI Summary
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Amends Section 27-7-15 of Mississippi Code to exclude compensation received by nonresidents serving on active duty in the U.S. Armed Forces while stationed in Mississippi from state gross income.
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The exclusion applies in the same amount as the state's exemption for National Guard or Reserve Forces compensation: $5,000 annually through 2005, and $15,000 annually thereafter.
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Applies only to nonresidents on active federal service with active duty status stationed in Mississippi pursuant to military orders.
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Effective January 1, 2011, and does not affect tax claims or assessments for years before the effective date.
Legislative Description
Income tax; partially exclude active duty military compensation received by nonresident while stationed in this state.
Last Action
Died In Committee
2/23/2011