Overview
- The Mississippi House passed HB 4014 to exclude college athletes’ name, image and likeness earnings from state income tax.
- If the Senate approves, the measure would move to the desk of Gov. Tate Reeves for consideration.
- Supporters say the exemption would boost recruiting for Ole Miss and Mississippi State, with Rep. Trey Lamar urging Mississippi to match rival states.
- Forbes estimates that at Mississippi’s 4.4% rate an athlete with $4 million in Mississippi-sourced NIL income could save about $176,000.
- The move adds to a patchwork of state rules that includes Arkansas’ NIL tax exemption and laws in Missouri and Texas curbing NCAA probes, as NCAA leaders press for a federal framework and a White House roundtable this week was reported as uncertain.