MS HB1078

Extends the repeal date of income tax credits for taxpayers using port facilities from December 31, 2016 to December 31, 2019 for charges including receiving cargo, handling to vessel, and wharfage.

Extends the repeal date of income tax credits for taxpayers using airport facilities from July 1, 2016 to July 1, 2019 for charges including receiving cargo, aircraft marshalling fees, and landing fees.

Changes all references from "State Tax Commission" to "Department of Revenue" to reflect agency reorganization.

Requires Mississippi Development Authority to continue annual reporting to the Legislature on the economic impact of both port and airport tax credits, including shipping increases, job creation, and net economic impact.

Allows taxpayers already eligible for airport credits before July 1, 2019 to remain eligible after the repeal date.