Bill > SB2871

This bill expands an existing Mississippi income tax credit for contributions made to preschool or prekindergarten programs, specifically allowing these credits to apply to programs serving children who are at least three years old, starting in calendar year 2026. Previously, the credit was primarily for prekindergarten programs, and this amendment clarifies and broadens its scope to include "preschool" programs and explicitly mentions three-year-old children. The bill amends Section 27-7-22.37 of the Mississippi Code of 1972, which allows for a tax credit for qualified contributions to approved providers, lead partners, or collaboratives that help match state-appropriated funds for these educational programs. The Mississippi Department of Revenue is responsible for verifying these contributions and establishing rules to inform the public about the program.

Budget and Finance

https://billstatus.ls.state.ms.us/2026/pdf/history/SB/SB2871.xml