Income tax; revise credit for employers providing dependent/child care for employees.

Summary

The bill revises Mississippi’s income‑tax credit for employers who provide dependent‑care services or child‑care stipends to employees. It caps the credit at $3,000 per child, allows a 75 % rebate instead of a credit, and sets overall state and taxpayer limits. The changes aim to reduce the required stipend amount and ensure credits go only to qualified, licensed care providers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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