SB 2841
Tax credits; authorize for business taxpayer contributions to certain charitable organizations.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
An act to authorize a credit against income and insurance premium taxes for voluntary cash contributions by certain business enterprises to certain tax-exempt organizations operating as members of a statewide alliance, offering programs to advance mississippi youth IN education achievement, physical development and social/emotional development while also supporting workforce development; To authorize a credit against ad valorem taxes on real property for such contributions by certain business organizations not operating as corporations; To limit the amount of the credits; To allow excess amounts of the credit to be carried forward for five consecutive years; And for related purposes.
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