Cut-and-sew bill signed into law

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Published: March 29,2010

Tags: apparel, manufacturing, tax credit, textiles

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:

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  2. Alistair Darling blurts out U-turn on death tax | mvSite Says:

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  3. Mississippi Economic Develoment News – Week of March 29, 2010 « Carol’s Weblog Says:

    [...] 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/ [...]

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