The Mississippi Senate Finance Committee denied House Bill 4014 on Monday, March 16, which would have removed income tax from name, image and likeness (NIL) deals for universities in Mississippi. The bill passed through the House of Representatives on Feb. 25 and was sent to the Senate on Feb. 26.
“I don’t know about the rest of you on this committee,” Senator Dean Kirby said at the meeting. “I’ve had several constituents that have called me that are not happy at all about this bill.”
Many people were opposed to the bill because it would only provide tax breaks to one group, while everyday people would still have to pay taxes.