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MS HB270

Bill

Status

Failed

2/22/2023

Primary Sponsor

Sam Mims

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Authorizes a $1,500 income tax credit for taxpayers who begin employment as a registered nurse or advanced practice registered nurse in Mississippi on or after July 1, 2023.
  • Eligibility requires the taxpayer was not previously employed as a registered nurse or advanced practice registered nurse in Mississippi before July 1, 2023, but was employed in that capacity outside the state prior to that date.
  • Requires employment in Mississippi as a registered nurse or advanced practice registered nurse for an average of at least 36 hours per week for at least 6 months in the taxable year the credit is claimed.
  • Tax credit amount cannot exceed the taxpayer's total tax liability for the year after subtracting all other allowable credits, and unused credits may be carried forward for five consecutive years.
  • Becomes effective July 1, 2023.

Legislative Description

Income tax; authorize a credit for certain registered nurses and advanced practice registered nurses.

Last Action

Died In Committee

2/22/2023

Committee Referrals

Ways and Means1/6/2023

Full Bill Text

No bill text available