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MississippiHB 19442026 Regular SessionHouseWALLET

Taxation; revise credits authorized for contributions to certain eligible charitable organizations.

Sponsored By: John Thomas "Trey" Lamar (Republican)

Signed by Governor

Ways and MeansFinance

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 0 costs, 2 mixed.

Business tax credit for donations

The law lets only business taxpayers claim a state credit for cash gifts to approved charities. You can use it against listed state business taxes, and non-corporate businesses can also use it on real property taxes. You may apply up to 50% of your tax bill each year (or 50% of your property tax bill) and carry unused credit forward 5 years. You cannot also take another state credit or a state income tax deduction for the same gift. Beginning Jan 1, 2026, pass-throughs split credits by ownership share or by a signed allocation agreement. Starting Jan 1, 2026, you apply on Department forms; the Department allocates within 30 days; donate within 60 days of allocation or lose it. To use it on property taxes, show the Department paperwork to your tax collector. Applicants from 2020 who were not awarded get priority.

More eligible charities, tight yearly caps

Beginning Jan 1, 2026, more nonprofits qualify for credit-eligible gifts, including CPS-partner groups, certified education charities for foster, disabled, or low-income kids, and nonprofit special-purpose schools for students with disabilities. Eligible charities must certify under penalty of perjury, verify 501(c)(3) status, state they do not provide or fund abortions, and explain how funds will be used. They must report changes. The Department reviews certifications, can require recertification, and posts a public list of eligible charities. The state caps these credits each year: a general $5 million cap, and $18 million each year from 2023 for certain charity groups, split 50/50 between the two groups. For one group, no single organization can get more than 25% of that pool; for the other, a single organization is capped at 4.5% through 2026 and 4% starting in 2027. For special-purpose schools, yearly credits are capped at $6 million, with $1.25 million per organization and $500,000 per school location.

Sponsors & Cosponsors

Sponsor

  • John Thomas "Trey" Lamar

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 238 • No: 82

House vote • 3/29/2026

Conference Report Adopted

Yes: 97 • No: 11

Senate vote • 3/29/2026

Conference Report Adopted

Yes: 31 • No: 19

Senate vote • 3/17/2026

Passed As Amended

Yes: 30 • No: 17 • Other: 1

House vote • 2/25/2026

Passed

Yes: 80 • No: 35

Actions Timeline

  1. Approved by Governor

    4/8/2026legislature

  2. Enrolled Bill Signed

    4/2/2026Senate

  3. Enrolled Bill Signed

    4/1/2026House

  4. Motion to Reconsider Tabled

    3/31/2026Senate

  5. Motion to Reconsider Entered

    3/29/2026Senate

  6. Conference Report Adopted

    3/29/2026Senate

  7. Conference Report Adopted

    3/29/2026House

  8. Conference Report Filed

    3/27/2026Senate

  9. Conference Report Filed

    3/27/2026House

  10. Conferees Named Harkins,Sparks,Boyd

    3/24/2026Senate

  11. Conferees Named Lamar,Steverson,Zuber

    3/23/2026House

  12. Decline to Concur/Invite Conf

    3/19/2026House

  13. Returned For Concurrence

    3/18/2026Senate

  14. Passed As Amended

    3/17/2026Senate

  15. Amended

    3/17/2026Senate

  16. Title Suff Do Pass As Amended

    3/16/2026Senate

  17. Referred To Finance

    3/4/2026Senate

  18. Transmitted To Senate

    2/26/2026House

  19. Passed

    2/25/2026House

  20. Committee Substitute Adopted

    2/25/2026House

  21. Title Suff Do Pass Comm Sub

    2/24/2026House

  22. Referred To Ways and Means

    2/16/2026House

Bill Text

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