KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to Mississippi

HB202 • 2026

Income tax; provide a credit for taxpayers who claim a federal income child tax credit.

AN ACT TO PROVIDE A STATE INCOME TAX CREDIT FOR TAXPAYERS CLAIMING THE FEDERAL INCOME CHILD TAX CREDIT; TO PROVIDE THE AMOUNT OF THE CREDIT; TO PROVIDE THAT UNUSED PORTIONS OF A TAX CREDIT MAY BE CARRIED FORWARD FOR FIVE CONSECUTIVE YEARS FROM THE CLOSE OF THE TAX YEAR IN WHICH THE CREDIT WAS EARNED; AND FOR RELATED PURPOSES.

Children Taxes
Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor
Scott
Last action
2026-02-25
Official status
Dead
Effective date
January 1,

Plain English Breakdown

Checked against official source text during the last sync.

State Income Tax Credit for Child Tax Credit Claimants

This bill creates a state income tax credit of $1,200 per child for Mississippi taxpayers who claim the federal child tax credit on their taxes.

What This Bill Does

  • Creates a new state income tax credit of $1,200 per child for each taxpayer claiming the federal child tax credit.
  • Limits the amount of the credit to the total tax liability of the taxpayer in any given year.
  • Allows unused portions of the tax credit to be carried forward for up to five years from when it was earned.

Who It Names or Affects

  • Taxpayers who claim a federal child tax credit on their taxes.

Terms To Know

tax liability
The total amount of tax that a person or business owes to the government based on income, profits, or other factors.
carry forward
To transfer unused credits or deductions from one year to another for future use.

Limits and Unknowns

  • The bill did not pass and was not signed into law.
  • It only applies if the taxpayer claims a federal child tax credit on their taxes.

Bill History

  1. 2026-02-25 Mississippi Legislative Bill Status System

    02/25 (H) Died In Committee

  2. 2026-01-07 Mississippi Legislative Bill Status System

    01/07 (H) Referred To Ways and Means

Official Summary Text

Income tax; provide a credit for taxpayers who claim a federal income child tax credit.

Current Bill Text

Read the full stored bill text 
H. B. No. 202 *HR26/R1273* ~ OFFICIAL ~ R3/5
26/HR26/R1273
PAGE 1 (BS\KW)

To: Ways and Means
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026

By: Representative Scott

HOUSE BILL NO. 202

AN ACT TO PROVIDE A STATE INCOME TAX CREDIT FOR TAXPAYERS 1
CLAIMING THE FEDERAL INCOME CHILD TAX CREDIT; TO PROVIDE THE 2
AMOUNT OF THE CREDIT; TO PROVIDE THAT UNUSED PORTIONS OF A TAX 3
CREDIT MAY BE CARRIED FORWARD FOR FIVE CONSECUTIVE YEARS FROM THE 4
CLOSE OF THE TAX YEAR IN WHICH THE CREDIT WAS EARNED; AND FOR 5
RELATED PURPOSES. 6
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: 7
SECTION 1. (1) Subject to the provisions of this section, 8
any taxpayer allowed to claim a federal income child tax credit 9
under 26 USCS Section 24, shall be allowed a credit against the 10
taxes imposed under this chapter in the manner prescribed in this 11
section. The amount of the credit shall be equal to One Thousand 12
Two Hundred Dollars ($1,200.00) for each child for which the 13
taxpayer claimed a federal tax credit. The amount of credit that 14
may be utilized by a taxpayer in a taxable year shall be limited 15
to an amount not to exceed the total tax liability of the taxpayer 16
for the taxes imposed under this chapter. Any tax credit claimed 17
under this section but not used in any taxable year may be carried 18
forward for five (5) consecutive years from the close of the tax 19
year in which the credits were earned. 20
H. B. No. 202 *HR26/R1273* ~ OFFICIAL ~
26/HR26/R1273
PAGE 2 (BS\KW)
ST: Income tax; provide a credit for taxpayers
who claim a federal income child tax credit.
(2) To obtain the credit provided for in this section, a 21
taxpayer must claim the federal credit allowed under 26 USCS 22
Section 24 on the taxpayer's federal income tax return and must 23
provide a copy of such return and any other information required 24
by the Department of Revenue. 25
SECTION 2. Section 1 of this act shall be codified as a new 26
section in Chapter 7, Title 27, Mississippi Code of 1972. 27
SECTION 3. Nothing in this act shall affect or defeat any 28
claim, assessment, appeal, suit, right or cause of action for 29
taxes due or accrued under the income tax laws before the date on 30
which this act becomes effective, whether such claims, 31
assessments, appeals, suits or actions have been begun before the 32
date on which this act becomes effective or are begun thereafter; 33
and the provisions of the income tax laws are expressly continued 34
in full force, effect and operation for the purpose of the 35
assessment, collection and enrollment of liens for any taxes due 36
or accrued and the execution of any warrant under such laws before 37
the date on which this act becomes effective, and for the 38
imposition of any penalties, forfeitures or claims for failure to 39
comply with such laws. 40
SECTION 4. This act shall take effect and be in force from 41
and after January 1, 2026. 42