MS SB2104

Authorizes an annual income tax credit of $500 for taxpayers who employ a person under supervision by the Community Corrections Division or recently discharged from the Department of Corrections custody.

Credit is available for five (5) consecutive years per eligible employee, provided the employee works at least six (6) consecutive months and averages at least 30 hours per week.

Tax credit cannot exceed the taxpayer's total tax liability for the year minus all other allowable credits, except for tax payments already made.

Credits provided under this section are in addition to any other credits authorized by law.

Effective date is January 1, 2017.