HB1810

Mississippi Human Capital Supplemental Tax Act levies a tax on employers using AI systems that displace workers.

The Mississippi Human Capital Supplemental Tax Act establishes a tax on employers with 50 or more employees who implement AI systems resulting in workforce displacement. The tax funds workforce transition and development programs. Employers pay up to $10,000 per displaced position, with credits for creating new positions. The tax phases in over three years. A special fund and an advisory council manage the tax and oversee workforce development initiatives. The act aims to mitigate the social and economic costs of AI-driven job displacement.