2025 Regular SessionMississippi Legislature

SB2553: Income tax; exclude from gross income compensation and income of honorably discharged veterans.

Legislative Summary

An Act To Amend Section 27-7-15, Mississippi Code Of 1972, To Exclude From Gross Income Under The State Income Tax Law Compensation And Income Of Any Kind Received By A Person Who Is An Honorably Discharged Veteran Of The Armed Forces Of The United States; And For Related Purposes.

Demographic Impact

Overall analysis of equity impact

80% Positive
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Bill History

1/20/2025
Referred To Finance
Senate
2/26/2025
Died In Committee
Senate

Status Information

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

Sponsors

Republican: 2

Co-Sponsors (1)

Documents

Introduced
Bill Text1/23/202541.4 KB