Loading chat...

MS SB2925

Bill

Status

Failed

2/22/2023

Primary Sponsor

Melanie Sojourner

Click for details

Origin

Senate

2023 Regular Session

AI Summary

  • Authorizes an income tax credit for taxpayers who make tuition payments to private schools for students in kindergarten through grade 12
  • Credit amount equals tuition paid, capped at the taxpayer's total state income tax liability for that calendar year
  • Credit cannot be carried forward to successive tax years
  • Taxpayer must provide documentation verified by the private school showing tuition paid during the applicable calendar year
  • Effective January 1, 2023

Legislative Description

Income tax; authorize credit for tuition payments to private schools.

Last Action

Died In Committee

2/22/2023

Committee Referrals

Finance1/27/2023

Full Bill Text

No bill text available