In the 2020 legislative session, House Bill 1729 passed to amend The Children’s Promise Act. Beginning January 1, 2021, 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 ECOs cannot exceed ten million dollars ($10,000,000) in a calendar year. For guidance on how the credits will be allocated, please see Notice 80-20-05 below.