2025 Regular Session • Mississippi 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