MS SB2578

Authorizes a $500 income tax credit for Mississippi taxpayers who maintain, support, and care for a dependent with a diagnosis of developmental disability in their home.

Defines "developmental disability" as conditions including mental retardation, cerebral palsy, epilepsy, autism, or related conditions that originate before age 22 and constitute a substantial handicap requiring support services.

Requires certification from a licensed physician or licensed psychologist that the dependent has a diagnosis of developmental disability; certification is valid for five taxable years.

Taxpayers seeking to claim the credit after five years must obtain recertification from a licensed physician or licensed psychologist, which is also valid for five taxable years.

Effective January 1, 2011; codified in Chapter 7, Title 27 of the Mississippi Code.