2025 Regular SessionMississippi Legislature

SB2085: Income tax; provide credit for taxpayers claiming federal Earned Income Tax Credit.

Legislative Summary

An Act To Provide A State Income Tax Credit For Taxpayers Claiming The Federal Earned Income Tax Credit; To Provide The Amount Of The Credit; To Provide That If The Amount Of Credit Claimed By A Taxpayer Exceeds The Amount Of Income Tax Imposed Upon The Taxpayer For The Taxable Year, Then The Taxpayer Shall Receive A Refund From The Department Of Revenue For The Amount Of Such Excess; And For Related Purposes.

Demographic Impact

Overall analysis of equity impact

90% Positive
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Bill History

1/17/2025
Referred To Finance
Senate
2/26/2025
Died In Committee
Senate

Status Information

Current Status
Failed(2/26/2025)
Chamber
Senate

Sponsors

Democrat: 1

Documents

Introduced
Bill Text1/17/20254.2 KB