MS HB354

Adds a new deduction from gross income for taxpayers who employ persons who were unemployed for at least six months immediately before hiring.

Allows a deduction of up to $2,000 per eligible employee hired during the taxable year.

Requires the hired employee to work at least six consecutive months during the tax year and average at least 30 hours per week.

Designates the provision as the "Mississippi Reemployment Act of 2011" and requires the Department of Employment Security to verify unemployment status.

Provision expires and is repealed on January 1, 2014.