HB 1267 - Mississippi Child Safety Account Act

• Creates the Child Safety Account and Supplemental Education Scholarship Program in the State Department of Education to provide accounts for students affected by school safety incidents (bullying, sexual abuse, violence, etc.) to pay for private school tuition and education-related expenses.

• Establishes that when a qualified student creates an account, the state transfers their pro rata share of adequate education program funding from their public school district to an administering entity selected by the State Board of Education.

• Authorizes parents to make supplemental payments to their child's account and claim a 100% state income tax credit for those payments through taxable year 2024; allows unused credits to carry forward five years.

• Permits donations to scholarship-granting organizations that provide additional scholarships to qualified students, with donors receiving state income tax credits up to 100% of donations, subject to a $100 million annual cap that increases by 25% when 90% of the cap is reached.

• Requires participating nonpublic schools to comply with health and safety laws and nondiscrimination laws; establishes an eligible expense review committee to monitor account usage and authorize closure of accounts for fraudulent use.