Lawmakers pass cut-and-sew bill
by Associated Press
Published: March 14,2010
JACKSON — The state Senate has passed a bill to provide help to the cut-and-sew industry in Mississippi.
The bill, passed March 11, would provide a $2,000 tax credit for each new cut-and-sew employee hired in the ailing furniture industry.
The legislation now goes back to the House for consideration of Senate changes.
Supporters of the bill tells the Northeast Mississippi Daily Journal that it will help keep jobs in the state. Many of those jobs have been lost to foreign countries where the labor costs are cheaper.
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.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Alumni-couple donate $12.3M to Mississippi State
- IKE TROTTER: There are primary changes in Social Security for 2014
- Expert on airlines predicts Jackson-Evers will keep remaining carriers
- MAN OF STEEL: Madhu Ranade leading Severstal Columbus
- Town given Obamacare insurance break, but faces additional costs in 2015
- TRIP releases report on state's crumbling roads, bridges
- Butler Snow Advisory Services adds Jimmy Bailey
- MDA to lead delegation on mission to Europe
- C Spire launches next phase of 1-gig service rollout
- Public meeting called to mull future of convention center