Sunday, May 10, 2026
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MS · HB395Final
Income tax and ad valorem tax; increase limit on amount of credits that may be allocated for certain contributions to certain charitable and foster care organizations.
An Act To Amend Section 27-7-22.39, Mississippi Code Of 1972, To Increase The Amount Of Income Tax Credits And Ad Valorem Tax Credits That May Be Allocated By The Department Of Revenue During A Calendar Year For Voluntary Cash Contributions By Individual Taxpayers To Qualifying Charitable Organizations And To Qualifying Foster Care Charitable Organizations; And For Related Purposes.