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

HB591 • 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
Summers
Last action
2026-02-25
Official status
Dead
Effective date
January 1,

Plain English Breakdown

The official source does not specify that taxpayers must provide a copy of their federal income tax return and other information required by the Department of Revenue. This requirement is implied but not explicitly stated in the provided candidate explanation.

State Income Tax Credit for Child Tax Credit Claimants

This bill would create a state income tax credit of up to $1,000 for taxpayers who claim the federal child tax credit.

What This Bill Does

  • Creates a new state income tax credit for people who claim the federal child tax credit.
  • Sets the amount of the credit at $200 per child, with a maximum total of $1,000.
  • Allows unused portions of the credit to be carried forward for up to five years.

Who It Names or Affects

  • Taxpayers who claim the federal child tax credit
  • The Department of Revenue

Terms To Know

tax liability
the total amount of taxes a person owes to the government.
carry forward
to use an unused tax credit in future years instead of losing it.

Limits and Unknowns

  • The bill did not pass and was stopped in committee.
  • It is unclear how many taxpayers would benefit from this credit.

Bill History

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

    02/25 (H) Died In Committee

  2. 2026-01-13 Mississippi Legislative Bill Status System

    01/13 (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. 591 *HR43/R1591* ~ OFFICIAL ~ R3/5
26/HR43/R1591
PAGE 1 (BS\KP)

To: Ways and Means
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026

By: Representative Summers

HOUSE BILL NO. 591

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 Two Hundred 12
Dollars ($200.00) for each child for which the taxpayer claimed a 13
federal tax credit, not to exceed One Thousand Dollars 14
($1,000.00). The amount of credit that may be utilized by a 15
taxpayer in a taxable year shall be limited to an amount not to 16
exceed the total tax liability of the taxpayer for the taxes 17
imposed under this chapter. Any tax credit claimed under this 18
section but not used in any taxable year may be carried forward 19
H. B. No. 591 *HR43/R1591* ~ OFFICIAL ~
26/HR43/R1591
PAGE 2 (BS\KP)
ST: Income tax; provide a credit for taxpayers
who claim a federal income child tax credit.
for five (5) consecutive years from the close of the tax year in 20
which the credits were earned. 21
(2) To obtain the credit provided for in this section, a 22
taxpayer must claim the federal credit allowed under 26 USCS 23
Section 24 on the taxpayer's federal income tax return and must 24
provide a copy of such return and any other information required 25
by the Department of Revenue. 26
SECTION 2. Section 1 of this act shall be codified as a new 27
section in Chapter 7, Title 27, Mississippi Code of 1972. 28
SECTION 3. Nothing in this act shall affect or defeat any 29
claim, assessment, appeal, suit, right or cause of action for 30
taxes due or accrued under the income tax laws before the date on 31
which this act becomes effective, whether such claims, 32
assessments, appeals, suits or actions have been begun before the 33
date on which this act becomes effective or are begun thereafter; 34
and the provisions of the income tax laws are expressly continued 35
in full force, effect and operation for the purpose of the 36
assessment, collection and enrollment of liens for any taxes due 37
or accrued and the execution of any warrant under such laws before 38
the date on which this act becomes effective, and for the 39
imposition of any penalties, forfeitures or claims for failure to 40
comply with such laws. 41
SECTION 4. This act shall take effect and be in force from 42
and after January 1, 2026. 43