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MS SB2358
Bill
AI Summary
- Excludes up to $500 per taxable year from gross income for teachers who spend their own personal funds on classroom supplies, instructional materials, or equipment for student use
- Amends Mississippi Code Section 27-7-15 to add this teacher expense exclusion to the list of items not included in gross income
- Amends Section 27-7-17 to prevent teachers from also claiming these same expenses as itemized deductions, avoiding a double benefit
- Effective date of January 1, 2013
Legislative Description
Income tax; exclude from gross income certain amounts spent by teachers for classroom supplies.
Last Action
Died In Committee
2/27/2013
Committee Referrals
Education1/21/2013
Full Bill Text
No bill text available