Mississippi legislation · 2026 Regular Session
Mississippi HB750: Strengthening MS Academic Research Through Business Act; extend repealer on.
Status: Signed into law, March 13, 2026
AN ACT TO REENACT SECTIONS 37-148-1 THROUGH 37-148-9, MISSISSIPPI CODE OF 1972, WHICH ARE THE STRENGTHENING MISSISSIPPI ACADEMIC RESEARCH THROUGH BUSINESS ACT; TO AMEND SECTION 37-148-11, MISSISSIPPI CODE OF 1972, TO EXTEND THE DATE OF THE REPEALER ON THE STRENGTHENING MISSISSIPPI ACADEMIC RESEARCH THROUGH BUSINESS ACT; AND FOR RELATED PURPOSES.
What the bill says
An act to reenact sections 37-148-1 through 37-148-9, mississippi code of 1972, which are the strengthening mississippi academic research through business act; to amend section 37-148-11, mississippi code of 1972, to extend the date of the repealer on the strengthening mississippi academic research through business act; and for related purposes.
From the enrolled text, March 6, 2026:
AN ACT TO REENACT SECTIONS 37-148-1 THROUGH 37-148-9, MISSISSIPPI CODE OF 1972, WHICH ARE THE STRENGTHENING MISSISSIPPI ACADEMIC RESEARCH THROUGH BUSINESS ACT; TO AMEND SECTION 37-148-11, MISSISSIPPI CODE OF 1972, TO EXTEND THE DATE OF THE REPEALER ON THE STRENGTHENING MISSISSIPPI ACADEMIC RESEARCH THROUGH BUSINESS ACT; AND FOR RELATED PURPOSES. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: SECTION 1. Section 37-148-1, Mississippi Code of 1972, is reenacted as follows: 37-148-1. This chapter shall be known and may be cited as the "Strengthening Mississippi Academic Research Through Business Act." SECTION 2. Section 37-148-3, Mississippi Code of 1972, is reenacted as follows: 37-148-3. As used in this chapter, the following words and phrases have the meanings ascribed in this section unless the context clearly indicates otherwise: (a) "College" means the state institutions of higher learning in Mississippi which are accredited by the Southern Association of Colleges and Schools. *HR31/R428* H. B. No. 750 ~ OFFICIAL ~ G1/2 26/HR31/R428 PAGE 1 (RKM\JAB) (b) "Investor" means a natural person, partnership, limited liability company, association, corporation, business trust or other business entity, not formed for the specific purpose of acquiring the rebate offered, which is subject to Mississippi income tax. The term "investor" does not include any medical cannabis establishment as defined in the Mississippi Medical Cannabis Act. (c) "Qualified research" …
Sponsors
- Shanks, Fred (R, 60) · primary sponsor
- Foster, Stephanie (D, 63)
Latest actions
- : Approved by Governor
- : Enrolled Bill Signed
- : Enrolled Bill Signed
- : Returned For Enrolling
- : Passed
- : Title Suff Do Pass
- : Referred To Finance
- : Transmitted To Senate
- : Passed
- : Title Suff Do Pass
Votes
- Passed (March 4, 2026): 51 yea, 0 nay, passed
- Passed (February 5, 2026): 121 yea, 0 nay, passed
Subjects: Strengthening MS Academic Research Through Business Act
Common questions
- What is HB750?
- HB750 is a bill in the Mississippi Legislature (2026 Regular Session): Strengthening MS Academic Research Through Business Act; extend repealer on.
- What does HB750 do?
- In its own words: An act to reenact sections 37-148-1 through 37-148-9, mississippi code of 1972, which are the strengthening mississippi academic research through business act; to amend section 37-148-11, mississippi code of 1972, to extend the date of the repealer on the strengthening mississippi academic research through business act; and for related purposes.
- What is the status of HB750?
- Signed into law as of March 13, 2026. Latest action: Approved by Governor (March 13, 2026).
- Who sponsored HB750?
- Shanks, Fred (R, 60), with 1 co-sponsor.
- Where is the official record for HB750?
- On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB0750.xml
Source: official Mississippi record. Tracked by Delilah, AI for legislation across all 50 states and Congress.