MS HB172

Authorizes an annual income tax credit of $1,000 for taxpayers who employ individuals convicted of nonviolent felony offenses, available for five consecutive years per employee.

Requires the employee to work at least nine consecutive months during the year and average at least 30 hours per week to qualify for the credit.

Limits the credit to the amount of tax imposed on the taxpayer for the taxable year, reduced by all other allowable credits except tax payments already made.

Allows the credit to be claimed in addition to any other authorized tax credits under law.

Sunsets the provision on January 1, 2021, though taxpayers eligible before that date remain eligible notwithstanding the repeal.