Mississippi Bill Would Extend State NMTC Incentive for One Year

Tuesday, February 9, 2021 - 9:45am

Legislation in the Mississippi Senate would extend the state’s new markets tax credit (NMTC) incentive through July 1, 2022. S.B. 2830 makes no other changes to the state NMTC program, which has an annual cap of $15 million and a transaction cap of $10 million. The incentive is currently set to expire July 1.

The Novogradac 2021 New Markets Tax Credit Spring Conference is June 10-11.