Income tax; extend repealer on credit for certain costs paid by a company in relocating national or regional headquarters to this state.

SB 2545 extends the expiration date of a Mississippi income tax credit program that incentivizes companies to relocate their national or regional headquarters to the state. The bill specifically prevents the existing tax credit provision - allowing companies in designated counties to claim credits based on new job creation - from ending. This credit, which varies by county tier (Tier One to Tier Three) and requires minimum job increases (20+ jobs in Tier One, 15+ in Tier Two, 10+ in Tier Three), directly affects qualifying businesses relocating headquarters to Mississippi. The bill does not change the credit amounts or eligibility rules but delays the program's termination date. The bill died in committee on February 4, 2025, and was not enacted.