MS HB1167

Extends the repeal date of the relocation cost tax credit from July 1, 2019 to July 1, 2023 for companies that transfer national or regional headquarters to Mississippi from outside the state.

Allows companies relocating headquarters to claim a tax credit equal to actual relocation costs (travel, moving expenses) with a minimum of 20 jobs required and a cumulative annual cap of $1,000,000 statewide.

Requires companies claiming the credit to certify compliance with the federal Equal Pay Act of 1963, Americans with Disabilities Act of 1990, and Civil Rights Act of 1964.

Permits companies to claim the credit in the taxable year relocation costs are paid, with no employee credited more than once per 12-month period.

Takes effect July 1, 2019.