NIL

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Mississippi’s proposed legislation to exempt student-athletes’ NIL income from state taxation has officially been shelved, halting what would have made Mississippi one of the few states offering such a targeted incentive. The bill’s failure reflects the broader trend of states (particularly with schools in the SEC) considering tax-based incentives to stay competitive in recruiting. For…

During the final week of February, House Bill 4014 cleared the Mississippi House of Representatives. The bill exempts income earned by college athletes from their Name, Image, and Likeness (“NIL”) activities from Mississippi income tax.

If the measure clears the Senate and is signed by the Governor, Mississippi would become only the second state (following…