sports

Mississippi House Exempts NIL Earnings from Tax

The Mississippi House has passed legislation that would exempt Name, Image, and Likeness earnings from state taxation for college athletes.

The Mississippi House has passed a bill that would exempt college athletes' NIL earnings from state taxation, potentially increasing their earning potential. The legislation now moves to the Senate for consideration.

This move aligns with the growing trend of states supporting college athletes' ability to profit from their name, image, and likeness, which became permissible after NCAA rule changes in 2021.