MISSISSIPPI LEGISLATURE
2021 Regular Session
To: Ways and Means
By: Representatives Horan, Barnett, Evans (45th), Hale, Kinkade
AN ACT TO AMEND SECTION 75-76-179, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT IF MOBILE WAGERING IS AUTHORIZED IN THIS STATE, AND A LICENSE FEE OR OTHER FEE OR CHARGE IS IMPOSED UPON REVENUE DERIVED BY A GAMING LICENSEE FROM SUCH WAGERING, THE FEES OR OTHER CHARGES PAID BY A LICENSEE IN ANY TAXABLE YEAR SHALL BE ALLOWED AS CREDIT AGAINST THE INCOME TAX LIABILITY OF THE LICENSEE FOR THAT TAXABLE YEAR; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 75-76-179, Mississippi Code of 1972, is amended as follows:
75-76-179. License fees paid under Section 75-76-177 in any taxable year shall be allowed as credit against the income tax liability of the licensee for that taxable year. In addition, if mobile wagering is authorized in this state, and a license fee or other fee or charge imposed upon revenue derived by a licensee from such wagering, the fees or other charges paid by a licensee in any taxable year shall be allowed as credit against the income tax liability of the licensee for that taxable year.
SECTION 2. This act shall take effect and be in force from and after July 1, 2021.