MS SB2139

Authorizes an annual income tax credit of $2,500 for taxpayers employing persons convicted of nonviolent felonies, available for four consecutive years per employee.

Requires employees to work at least 10 consecutive months during the year with an average of 40 hours per week to qualify for the credit.

Limits taxpayers to claiming credits for no more than 10 employees per taxable year, with an aggregate statewide cap of $1,500,000 annually.

Credit cannot exceed the taxpayer's tax liability for the year after deducting all other allowable credits (except tax payments).

Repeals automatically on January 1, 2023, though employees hired before that date remain eligible for the full four-year credit period; effective January 1, 2020.