MS HB1675

Authorizes $80 million in general obligation bonds for capital improvements at Mississippi state agencies, including $36 million for Department of Public Safety headquarters replacement, $21.5 million for Department of Finance and Administration building renovations, $7.75 million for Department of Mental Health facilities, and $6 million for Department of Corrections repairs

Creates an additional $5 million bond fund for statewide repairs and renovations covering site improvements, roofing, environmental mitigation, ADA compliance, and furniture/equipment for state-owned facilities, universities, and community colleges

Bonds must be issued before July 1, 2026, with a maximum maturity of 25 years, and are backed by the full faith and credit of the State of Mississippi

Brings forward existing tax credit law (Section 27-7-22.41) allowing business enterprises to claim income tax, insurance premium tax, and ad valorem tax credits for contributions to eligible charitable organizations serving foster children, at-risk youth, and children with disabilities

Tax credits for charitable contributions are capped at $16 million annually for calendar year 2022 and beyond, with 50% allocated to child protection services organizations and 50% to educational services charitable organizations