Senate bill allows MDA chief to be paid with private-sector funds
Published: April 5,2012
Tags: bills, community development, compensation, economic development, executive director, lawmakers, laws, legislation, legislative, legislators, Legislature, pay, private sector, public sector, salary, state agency, state government
JACKSON — The Senate has passed a bill to allow the director of the Mississippi Development Authority to be paid with money raised from private entities.
The bill does not cap the MDA director’s salary. If the salary exceeds 150 percent of the governor’s salary, only the portion below that amount would be paid with state money.
The MDA director is charged with bringing more jobs to the state.
Gov. Phil Bryant told The Associated Press he supports the bill and Mississippi must hire a top-tier MDA director to fight the unemployment rate. Bryant said that those qualified for MDA positions can typically earn far more in the private sector because of their business experience.
Bryant says he did not believe the private funds would cause a conflict of interest.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- DAVID DALLAS — Just how long can Dan stand?
- BILL CRAWFORD: Dan Jones not the angel he is portrayed to be
- Chancery judge delays JRA bond approval for Jackson's Westin hotel
- KILL BILL: Common Core death knell heads to Gov. Bryant's desk
- The Dan Jones-IHL saga: Is this the story that started it all?
- Keeping our eye on: Neal Stephens
- DAVID DALLAS — From Dan and Dixie with love
- Cal-Maine income skyrockets as prices rise and costs shrink
- Business groups file briefs in support of Kemper coal plant rehearing