2025 Regular SessionMississippi Legislature

HB1901: Qualified equity investment tax credits; increase maximum allowed and extend date after which MDA will not allocate.

Legislative Summary

An Act To Amend Section 57-105-1, Mississippi Code Of 1972, To Increase The Amount Of Tax Credits That The Mississippi Development Authority May Allocate During A State Fiscal Year Under The Program That Authorizes The Mississippi Development Authority To Allocate Income Tax Credits And Insurance Premium Tax Credits For Taxpayers Holding Certain Qualified Equity Investments; To Extend Until July 1, 2029, The Date After Which The Mississippi Development Authority Shall Not Allocate Credits Under The Program; And For Related Purposes.

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

2/26/2025
Referred To Ways and Means
House of Representatives
2/26/2025
Title Suff Do Pass
House of Representatives
2/26/2025
Passed
House of Representatives
2/27/2025
Transmitted To Senate
House of Representatives
3/4/2025
Referred To Finance
Senate
3/13/2025
Title Suff Do Pass
Senate
3/18/2025
Passed
Senate
3/19/2025
Returned For Enrolling
Senate
3/20/2025
Enrolled Bill Signed
House of Representatives
3/21/2025
Enrolled Bill Signed
Senate
3/28/2025
Approved by Governor

Roll Call Votes

Senate Passed
3/18/2025
51
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House Passed
2/26/2025
120
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Passed(3/28/2025)
Chamber
Senate

Sponsors

Republican: 1

Primary Sponsor

John Lamar
John Lamar
Republican

Documents

Enrolled
Bill Text3/20/202524.8 KB
Engrossed
Bill Text2/27/202524.8 KB
Introduced
Bill Text2/26/202524.6 KB