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.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Alcorn president launches new customer service task force
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- Court rules against Greenwood councilwoman; must give up office
- David Duval, former British Open winner, joins Sanderson Farms field
- GreenTech holds grand opening of neighborhood electric vehicle plant
- Turner Grain’s bankruptcy will help consolidate lawsuits alleging breach of contract
- Cochran continues to reach out to African American voters
- Peoples Bank reports quarterly loss due to bad loans
- Senators write letter over Waters of the United States proposal