Income tax; authorize credit for fuel tax paid by commercial and charter boaters for fuel used on water rather than roads.

Summary

The bill would let charter boat owners and commercial fishermen claim a credit against their Mississippi income tax equal to the fuel taxes they paid on fuel used on lakes, rivers or the Gulf rather than on roads. Unused credit could be carried forward for up to five years, but could not exceed the taxpayer’s total state income‑tax liability in any year. The measure failed, dying in committee.

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