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MS HB1704
Bill
Status
2/22/2017
Primary Sponsor
Jarvis Dortch
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AI Summary
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Creates a refundable income tax credit for licensed teachers employed by public school districts in "small towns" (municipalities with 5,000 or fewer residents)
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Provides a $2,500 tax credit for teachers with 3-5 years of consecutive service in a small town school district
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Increases the credit to $5,000 for teachers with more than 5 years of service in a small town school district
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Requires teachers to submit documentation verified by the school district superintendent confirming active licensed teacher status and at least 3 consecutive years of service
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Effective date of January 1, 2017
Legislative Description
"Small Town Teacher Tax Credit Act"; create to authorize an income tax credit to certain licensed teachers.
Last Action
Died In Committee
2/22/2017