Mississippi Increases Income Tax Credits for Employer-Sponsored Training

The Mississippi Governor signed a law increasing the maximum aggregate amount of income tax credits available to employers who sponsor employee skills training to $2,500,000 annually. The law extends the repeal date of this tax provision to Dec. 31, 2030. The law is effective from Jan. 1, 2026. [S.B. 3228, enacted 04/08/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.