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MS HB4014

Bill

Official Source

Status

Engrossed

2/25/2026

Primary Sponsor

Jonathon McMillan

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Excludes NIL (Name, Image, Likeness) compensation from Mississippi state income tax for intercollegiate athletes enrolled at postsecondary institutions in Mississippi
  • Covers money, goods, or services provided to athletes in exchange for use of their name, image, or likeness, including revenue-sharing payments from institutions or third parties
  • Amends Section 27-7-15 of the Mississippi Code to add NIL compensation to the list of exempt income categories
  • Effective date is January 1, 2026
  • Sponsored by Representatives McMillan and Shanks and has passed the House

Legislative Description

Income tax; exclude NIL compensation from gross income.

Last Action

Referred To Finance

3/4/2026

Committee Referrals

Finance3/4/2026
Ways and Means2/19/2026

Full Bill Text

No bill text available