Jackson’s sales tax bill headed to Barbour’s desk
JACKSON — Lawmakers have sent to the governor a bill to allow the city of Jackson to levy — with voter approval — a 1-cent sales tax for infrastructure improvements.
The Clarion-Ledger reports that legislative approval came yesterday.
The 1-cent hike would require 60 percent voter approval and raise the sales tax in Jackson to 8 cents, excluding groceries, hotels/motels and restaurants. If the governor signs the bill, the city would have two chances to get it passed, and, if unsuccessful, the law would repeal.
The bill would amend a previous law extending Jackson the sales tax authority to say that all of the money raised can go toward infrastructure improvements.
Source: The Clarion-Ledger
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Lawmakers debating alternative to Medicaid expansion
- UPDATED: House subcommittee tosses discrimination elements from religious freedom bill
- Chris McDaniel gets a thank you note from Travis Childers
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- White House hotel making comeback in Biloxi
- Senate passes teacher pay raise legislation
- Pickering collects more money from failed beef plant project
- States settle with manufacturers in DRAM price-fixing case
- Reactive Surfaces files lawsuit against Toyota in patent dispute