Tax credits; authorize for business taxpayer contributions to certain charitable organizations.

SB 2841 creates tax credits for Mississippi businesses that make cash donations to certified charities focused on youth development. It allows businesses to reduce income, insurance premium, and property taxes by up to 50% of their tax liability for qualifying contributions to 501(c)(3) organizations running programs that advance Mississippi youth in education, physical development, social/emotional growth, and workforce readiness. The total credits available statewide are capped at $250,000 annually, with unused credits carryable forward for up to five years. Charities must certify their programs meet specific criteria, and businesses cannot claim both the tax credit and a state income tax deduction for the same donation.