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MS SB2985
Bill
AI Summary
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Amends Section 27-7-15, Mississippi Code of 1972, to exclude from gross income under state income tax law all compensation and income of any kind received by honorably discharged veterans of the Armed Forces of the United States.
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The veteran income tax exemption applies in addition to any other exemptions already provided under Mississippi income tax law.
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Effective date: January 1, 2024.
Legislative Description
Income tax; exclude from gross income compensation and income of honorably discharged veterans.
Last Action
Died In Committee
3/27/2024
Committee Referrals
Finance3/8/2024
Full Bill Text
No bill text available