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MississippiHB 7502026 Regular SessionHouseWALLET

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

Sponsored By: Fred Shanks (Republican)

Signed by Governor

Universities and CollegesFinance

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Investors and colleges keep research incentives

Beginning July 1, 2026, Mississippi keeps two research incentive programs open through July 1, 2029. Investors subject to Mississippi income tax can receive a rebate equal to 25% of qualified research costs, up to $1 million per investor. The rebate program has a $3.5 million yearly state cap. Colleges and research corporations can receive up to $150,000 for research validation, with a $1.5 million yearly state cap; both programs support development of state-owned ideas into products or services.

Sponsors & Cosponsors

Sponsor

  • Fred Shanks

    Republican • House

Cosponsors

  • Stephanie Foster

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 172 • No: 0

Senate vote • 3/4/2026

Passed

Yes: 51 • No: 0

House vote • 2/5/2026

Passed

Yes: 121 • No: 0

Actions Timeline

  1. Approved by Governor

    3/13/2026legislature

  2. Enrolled Bill Signed

    3/9/2026Senate

  3. Enrolled Bill Signed

    3/6/2026House

  4. Returned For Enrolling

    3/5/2026Senate

  5. Passed

    3/4/2026Senate

  6. Title Suff Do Pass

    3/3/2026Senate

  7. Referred To Finance

    2/13/2026Senate

  8. Transmitted To Senate

    2/6/2026House

  9. Passed

    2/5/2026House

  10. Title Suff Do Pass

    1/28/2026House

  11. Referred To Universities and Colleges

    1/16/2026House

Bill Text

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