MS SB2809

Reenacts income tax credit for taxpayers using state, county, and municipal port facilities for exporting cargo, covering charges for receiving cargo, handling to vessel, and wharfage.

Extends the repeal date of the port tax credit provisions from December 31, 2016, to December 31, 2023.

Reenacts income tax credit for taxpayers using airport facilities for importing or exporting cargo, limited to those with Mississippi headquarters, at least five permanent full-time employees, and minimum $2,000,000 investment in Mississippi property.

Extends the repeal date of the airport tax credit provisions from July 1, 2019, to July 1, 2023, while grandfathering in taxpayers eligible before the original repeal date.

Requires the Mississippi Development Authority to submit annual reports to the Legislature on May 1 detailing the impact of both tax credits on shipping, job creation, and net economic impact at each port and airport.