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MS HB1201
Bill
Status
6/3/2020
Primary Sponsor
Thomas Reynolds
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AI Summary
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Exempts income earned by board certified psychiatrists and licensed psychologists from state income tax when providing mental health services to low-income individuals covered by Medicaid in areas designated as critical mental health services shortage areas.
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Requires the Department of Mental Health to annually designate critical mental health services shortage areas by December 31 and to promulgate rules and regulations for implementing the exemption.
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Adds new subsection (ll) to Section 27-7-15, Mississippi Code of 1972, to codify the income exemption as part of gross income exclusions for tax purposes.
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Effective January 1, 2020.
Legislative Description
Income tax; exempt income of certain mental health professionals providing services in critical mental health services shortage areas.
Last Action
Died In Committee
6/3/2020