MS HB1546

Amends Section 27-7-15 of Mississippi Code 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 paragraph (gg) to the list of income exemptions in the state income tax law specifically for armed forces compensation earned while on active duty outside the state.

Applies retroactively to taxable year beginning January 1, 2014.

Does not affect any tax claims, assessments, or appeals that accrued before the effective date of the act.