MS HB1049

Amends Mississippi Code Section 27-7-18 to allow a $100 deduction from gross income for voluntary blood donation to licensed hospitals, blood banks, community blood programs, or similar lawful entities.

Deduction applies whether blood is donated with or without remuneration and may be claimed only once per taxable year regardless of how many donations are made.

Blood donation deduction is an adjustment to gross income similar to existing deductions for organ donation, moving expenses, and self-employed health insurance.

Effective January 1, 2018, with no effect on tax claims or assessments accrued before the effective date.