Income tax; provide a credit for taxpayers who claim a federal income child tax credit.

HB 1679 would create a Mississippi state income tax credit of $1,200 per child for taxpayers who claim the federal child tax credit on their federal return. It directly affects Mississippi families with children who qualify for the federal credit, allowing them to reduce their state tax bill by up to $1,200 per child annually. Unused credit amounts could be carried forward for up to five years. The bill died in committee on February 26, 2025, and was never enacted.