Mississippi HB327 authorizes income tax credits and rebates for companies producing television series in the state.
Mississippi HB327 provides income tax credits and rebates for companies producing television series in the state. Eligible companies can claim credits for payroll and fringes paid to employees, with different rates based on residency and veteran status. Companies can also elect rebates for base investments and payroll. Credits exceeding tax liability can be carried forward for ten years or claimed as a rebate. The bill defines terms such as "base investment," "fringes," and "production company," and sets limits on the total amount of credits and rebates.
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