Income tax; increase amount of National Guard compensation excluded from gross income.

Summary

The bill amends Mississippi Code §27‑7‑15 to increase the amount of National Guard compensation that is excluded from a taxpayer’s gross income for state income‑tax purposes. The exemption would rise from $15,000 to $25,000 per Guard member, lowering their taxable income. It was intended to provide tax relief to Guard members but did not pass.

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