Jackson’s sales tax bill headed to Barbour’s desk

by

Published: March 29,2011

Tags: municipal government, state government, taxes

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

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

FOLLOW THE MBJ ON TWITTER

Top Posts & Pages