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HB 1453

Small Business and Grocer Investment Act; extend repealer on.

2025 Regular Session Introduced by Fred Shanks

HB 1453 would extend Mississippi's tax incentive program for small businesses and grocery stores, allowing expiring tax benefits to continue rather than automatically terminate.

Died In Committee
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WeVote Research Nonpartisan
Bill Summary · HB 1453

Legislative bill overview

HB 1453 extends a repealer deadline for Mississippi's Small Business and Grocer Investment Act, which provides tax incentives or credits for small businesses and grocery stores. The bill passed initial title sufficiency review but ultimately died in committee in February 2025.

Why is this important

Tax incentive programs significantly impact state revenue and business investment decisions. Extensions of repealer dates determine whether beneficial tax provisions continue or expire, affecting small businesses' operational costs and grocery store viability—particularly important in food deserts and rural areas.

Potential points of contention

  • Revenue impact: Extending tax benefits reduces state revenue; lawmakers must balance economic development benefits against budget needs
  • Program effectiveness: Unclear whether the original incentive achieved intended goals of supporting small grocers or if it primarily benefited larger chains
  • Fairness and scope: Questions about whether tax incentives are appropriately targeted or if they create unfair competitive advantages for certain businesses over others

Compiled from official sources — confirm details with the bill’s official record.

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