The Pregnancy Resource Act is a new opportunity for businesses to redirect their Mississippi tax liability to invest in the life-saving work of pregnancy centers that serve women in crisis situations. Sav-A-Life of the Mississippi Gulf Coast dba Women’s Resource Center serves over 600 women each year along our coast and in light of the recent Supreme Court ruling, the need for our services is growing!
This law creates a DOLLAR-FOR-DOLLAR tax credit (not deduction) to businesses that make a voluntary cash donation to pregnancy resource charitable organizations (PRCO) such as the Sav-A-Life of the Mississippi Gulf Coast dba Women’s Resource Center.
The credit can be for as much as 50% of the business’ state income tax liability, insurance premium tax liability, or for non-corporations, real property ad valorem liability.
The credit can carry forward for up to 5 years.
There is a capped limit of $3.5 million in allocated funds for 2022.
Credits are issued on a first-come, first-served basis – apply now!
Imagine giving your money to change the lives of women and families within our community rather than paying taxes to the state government!
If you do not have a Mississippi business that is eligible for this program but would like to make a one-time or monthly donation, please click the button below!