SB2854

Mississippi SB2854 authorizes income tax credits for child care expenses and for pre-K providers.

Mississippi SB2854 authorizes an income tax credit for taxpayers equal to child care expenses paid for their children to prekindergarten providers. It also allows prekindergarten providers a tax credit of $1,500 multiplied by the average monthly number of children attending. The bill defines "prekindergarten provider" as a school, licensed child care center, or Head Start Center participating in the voluntary prekindergarten program. The act takes effect from January 1, 2026.