HB1884 - Tax credits; authorize for business taxpayer contributions to certain charitable organizations.

1 Co-Sponsor

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.