MS HB243

Amends Mississippi Code Section 27-7-15 to exclude compensation received by Mississippi residents for active federal military service from state income tax when stationed outside Mississippi pursuant to military orders.

Adds new subsection (gg) to the list of income items exempt from Mississippi gross income taxation, specifically targeting active duty Armed Forces members stationed out-of-state.

Applies retroactively to taxable years beginning January 1, 2011.

Does not affect any tax claims, assessments, appeals, or suits for taxes accrued before the effective date; existing income tax laws remain in full force for prior periods.