MS SB2343

Establishes the "Mississippi Critical Physician Shortage Incentive Act of 2013" to attract and retain newly licensed physicians in rural and underserved areas designated by the Mississippi Rural Physicians Scholarship Commission.

Exempts the first $100,000 of annual income earned by newly licensed physicians (licensed less than one year) from state income taxation if they practice and reside in critical physician shortage areas.

Allows qualifying physicians to utilize the $100,000 income exemption for up to ten consecutive years if they continue to practice and reside in a critical shortage area during that entire period.

Requires the Department of Revenue to promulgate rules and regulations implementing the program and to provide annual reports to legislative committees detailing financial impact to the general fund and effects on healthcare delivery.

Takes effect July 1, 2013.