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Perspectives

Mississippi Drops the Ball on NIL Tax Break

By Brandon DeRojas, John F. Fletcher
March 26, 2026

Mississippi’s proposed legislation to exempt student-athletes’ NIL income from state taxation has officially been shelved, halting what would have made Mississippi one of the few states offering such a targeted incentive. The bill’s failure reflects the broader trend of states (particularly with schools in the SEC) considering tax-based incentives to stay competitive in recruiting. For now, Arkansas remains the only state to provide a specific exemption for NIL income.

Five other universities in the SEC can promise their recruits tax-free NIL income, either because their state passed a similar bill specifically carving out the payment from income tax requirements, or because the state has already eliminated income tax altogether.
www.yahoo.com/...
Related Professionals
  • name
    Brandon DeRojas
    title
    Associate
    phones
    D: 504.582.8197
    email
    Emailbderojas@joneswalker.com
  • name
    John F. Fletcher
    title
    Partner
    phones
    D: 601.949.4620
    email
    Emailjfletcher@joneswalker.com

Related Practices

  • Tax
  • State & Local Tax
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