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MS HB1508
Bill
Status
Failed
2/22/2023
Primary Sponsor
Bob Evans
Click for details
AI Summary
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Amends Section 27-7-15 of Mississippi Code to exclude forgiven, cancelled, or discharged federal student loan debt from the definition of "gross income" for state income tax purposes.
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Adds new paragraph (ss) to the list of income items exempt from taxation under Mississippi's income tax article.
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Effective date: July 1, 2023.
Legislative Description
Income tax; exclude forgiven, cancelled or discharged federal student loan debt from definition of "gross income".
Last Action
Died In Committee
2/22/2023
Committee Referrals
Ways and Means2/3/2023
Full Bill Text
No bill text available