MS SB2773

Extends the repeal date of the relocation cost tax credit for companies moving national or regional headquarters to Mississippi from July 1, 2022 to July 1, 2025.

Allows companies relocating headquarters from outside Mississippi to claim a tax credit equal to actual relocation costs, including employee travel and moving expenses, with a minimum requirement of 20 new jobs created.

Caps the maximum cumulative relocation tax credits at $1,000,000 per state fiscal year, exclusive of carryforward credits from prior years.

Requires companies claiming the relocation credit to certify compliance with the federal Equal Pay Act of 1963, Americans with Disabilities Act of 1990, and Civil Rights Act of 1964.

Excludes medical cannabis establishments from eligibility for all job tax credits and relocation cost credits under the statute.