Mississippi House Passes NIL Tax Exemption

The Mississippi House has passed a bill that would exempt college athletes from paying state taxes on earnings from their name, image, and likeness (NIL) deals. This legislation comes after the NCAA changed its rules to allow college athletes to profit from their personal brands.

The bill now moves to the Senate for consideration. If enacted, Mississippi would join states like Florida and Alabama in providing tax benefits to college athletes earning through NIL partnerships.