Business Contributions Made to Eligible Charitable Organizations (Children’s Promise Act)

Notice: Miss. Code Ann. §27-7-22.41 provides that the aggregate amount of tax credits that may be allocated by the Department of Revenue to certain business enterprises making voluntary cash contributions to eligible charitable organizations cannot exceed five million dollars ($5,000,000) in a calendar year.

The Department has allocated the five million dollars ($5,000,000) of funds available for the 2019 calendar year.

The Department of Revenue will begin accepting applications for the 2020 calendar year after January 1, 2020.



Article Date:   10/24/2019    |   Expiration Date:   10/24/2020


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