Strengthening MS Academic Research Through Business Act; extend repealer on.

Summary

The bill reinstates the Strengthening Mississippi Academic Research Through Business Act and adds a 25% tax rebate for investors who fund qualified research at state colleges, capped at $1 million per investor and $3.5 million statewide each year. It also creates a grant program that can give up to $150 k to support validation of state‑owned intellectual property, with a total annual limit of $1.5 million. The measures run through July 1 2029 and aim to boost university‑industry partnerships.

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