Cut-and-sew bill signed into law

JACKSON — Gov. Haley Barbour has signed a bill that would provide furniture manufacturers a $2,000 tax credit for new cut-and-sew workers.

Supporters of the bill say it will help keep jobs in the state. Many of those jobs have been lost to foreign countries where the labor costs are cheaper.

Supporters say the tax break is designed to make the Mississippi work force more attractive to the furniture manufacturers, many of which are located in Northeast Mississippi.

The bill is House Bill 1674.

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3 Responses to “Cut-and-sew bill signed into law”

1. Twitter Trackbacks for Mississippi Business Journal » Blog Archive » Cut-and-sew bill signed into law [msbusiness.com] on Topsy.com Says:
   March 29th, 2010 at 8:37 am

   [...] Mississippi Business Journal » Blog Archive » Cut-and-sew bill signed into law msbusiness.com/blog/2010/03/cut-and-sew-bill-signed-into-law – view page – cached JACKSON — Gov. Haley Barbour has signed a bill that would provide furniture manufacturers a $2,000 tax credit for new cut-and-sew workers. Filter tweets [...]

2. Alistair Darling blurts out U-turn on death tax | mvSite Says:
   March 30th, 2010 at 6:03 am

   [...] Read more on Mississippi Business Journal [...]

3. Mississippi Economic Develoment News – Week of March 29, 2010 « Carol’s Weblog Says:
   May 3rd, 2010 at 9:22 am

   [...] Gov. Haley Barbour has signed a bill that would provide furniture manufacturers a $2,000 tax credit for new cut-and-sew workers. http://msbusiness.com/blog/2010/03/cut-and-sew-bill-signed-into-law/ [...]