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HB 1192

Taxation; bring forward section of law authorizing certain tax credits for contributions to certain eligible charitable organizations.

2025 Regular Session Introduced by Jason White

Mississippi bill reviving tax credits for charitable donations to eligible nonprofits, potentially reducing state revenue while incentivizing private philanthropy.

Died In Committee
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Bill Summary · HB 1192

Legislative bill overview

HB 1192 would restore or expand tax credit provisions in Mississippi law that allow taxpayers to claim credits for charitable contributions made to eligible organizations. The bill specifically "brings forward" an existing section of law, suggesting it may be reviving an expired or lapsed tax credit mechanism that previously existed in state statute.

Why is this important

Tax credits for charitable giving directly incentivize private donations to nonprofits by reducing individual or corporate tax liability. This affects both revenue to the state (through reduced tax collection) and funding available to charitable organizations, potentially influencing which causes receive philanthropic support and how much charitable work gets done in Mississippi.

Potential points of contention

  • Tax revenue impact: Expanding tax credits reduces state general fund revenue, which may conflict with funding priorities for public services or require offsetting budget cuts
  • Equity concerns: Tax credits primarily benefit higher-income taxpayers who itemize deductions and have tax liability to offset; lower-income residents may not benefit equally
  • Definition of eligible organizations: The bill's effectiveness depends heavily on which organizations qualify, and disagreement likely exists over whether certain religious, political, or advocacy groups should be included

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

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