Mississippi HB4066 revises the program authorizing tax credits for qualified equity investments, temporarily allowing additional investments for.
Mississippi HB4066 amends the Mississippi Code to revise the program that authorizes the Mississippi Development Authority to allocate income tax credits and insurance premium tax credits for taxpayers holding certain qualified equity investments. The bill temporarily authorizes additional investments for which tax credits may be allocated under the program. It defines terms such as "qualified equity investment" and "qualified low-income community investment" based on the Internal Revenue Code.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.