On January 23, 2025, Senate Bill 2545 was introduced in the Mississippi legislature, aiming to stimulate job creation in economically challenged areas of the state. The bill proposes a job tax credit for permanent businesses that increase employment by at least fifteen new full-time positions in designated Tier Two areas. This initiative is part of a broader strategy to enhance economic development and reduce unemployment in regions that have historically struggled to attract and retain businesses.

Key provisions of Senate Bill 2545 include eligibility criteria for businesses engaged in various sectors such as manufacturing, warehousing, and technology. These businesses would receive a tax credit of $500 annually for each new job created, applicable for five years, contingent upon maintaining the minimum employment threshold. Notably, the bill also addresses businesses located in disaster-declared areas, allowing for flexibility in job maintenance requirements