Posts Tagged ‘Legislature’

Mississippi budget writers to set FY16 revenue estimate

by Published: November 10,2014

Tags: budget, Business, government, Legislature, Mississippi, money

Top Mississippi lawmakers are preparing to estimate how much money the state can spend during the coming budget year. The Joint Legislative Budget Committee meets Monday afternoon in Jackson. Members will hear experts’ assessment of the state economy. Then, they will set a revenue estimate that will be used as a basis for budget writing. […] [...]

Former state Sen. Mulholland dies of cancer

PHILADELPHIA — Former state Sen. Joe H. Mulholland of Philadelphia has died from complications of cancer. He was 80. Officials with McClain-Hays Funeral Home say Mulholland died Tuesday in a hospital in Meridian. Mulholland served in the Senate from 1964-68 and 1976-84. He served one term as chairman of the public property committee. A Neshoba […] [...]

6 more districts join Miss. school funding lawsuit

by Published: September 15,2014

Tags: Business, education, lawsuit, Legislature, Mississippi

JACKSON — Six more Mississippi school districts are joining a lawsuit against the state over shortfalls in education funding. With the additions announced Monday, there are now 20 plaintiffs in the lawsuit filed by former Gov. Ronnie Musgrove. Musgrove spokesman George Shelton says the new plaintiffs are school districts in Greene County, Humphreys County, North […] [...]

BOBBY HARRISON: More money found, but members gave away the right to appropriate

by Published: March 31,2014

Tags: Business, education, Legislature, Mississippi, Politics

By Bobby Harrison The Mississippi Legislature has nearly $250 million more to spend than when House and Senate members passed their respective budget proposals earlier this session. Yet, most of the rank-and-file members of the House and Senate will have limited ability in saying how those funds are spent. On the opening days of the […] [...]

Business inventory tax, proclaimed as a jobs creation tool, projected to cost state $7M this year, then $126M in FY 2017

by Published: March 28,2014

Tags: Business, Legislature, Mississippi, money, Politics, taxes

With fiscal 2014’s arrival, Mississippi’s businesses can begin enjoying the rewards of a hard-fought victory achieved in 2012 with passage of a phased-in state income tax credits for businesses that pay inventory taxes to cities and counties. Legislative wrangling ended with establishing the tax credits in place of an actual end to the inventory tax, […] [...]

Miss. lawmakers competing in charity cook-off

by Published: March 17,2014

Tags: Business, cooking, Legislature, Mississippi

JACKSON — Mississippi lawmakers are competing in a barbecue-versus-catfish cook-off to raise money for veterans’ groups. The competition takes place from 5 to 7 p.m. Monday at the Mississippi Farmers Market near the state fairgrounds in downtown Jackson. It’s open to the public. Two senators who own restaurants, Democrat Willie Simmons of Cleveland and Republican […] [...]

Big job ahead for state economists in assessing business incentives

by Published: March 7,2014

Tags: Business, JACKSON, Legislature, Mississippi, Politics

The University Research Center and its economists are accustomed to analyzing the effectiveness of incentives for specific economic development projects. They are about to enter some more challenging analysis territory. The Legislature is on the verge of requiring periodic evaluations of the value of tax credits, sales tax rebates and other incentives the Mississippi Development […] [...]

Bills requiring evaluation of incentives make progress

by Published: March 7,2014

Tags: Business, Legislature, Mississippi, Politics

House and Senate bills that mandate evaluations of the return Mississippi gets on its tax credits, sales tax rebates and other economic development incentives have passed their respective bodies unanimously and now await conference committee action. The idea is to gauge how well they create jobs and other economic benefits in exchange for the costs […] [...]

Bill’s demise ends state sales tax rebates for retail development

by Published: February 21,2014

Tags: Business, economic development, economy, Legislature, Mississippi

Mississippi’s tourism tax development incentives failed to gain enough legislative support for renewal last week and will expire July 1, ending the state’s practice of awarding tens of millions of dollars as incentives for development of shopping malls and retail plazas. The Mississippi Development Authority so far has awarded up to $155 million in potential […] [...]

Quitman legislator still carrying banner for abolishing business inventory tax

by Published: February 17,2014

Tags: Business, Legislature, Mississippi, tax

State Rep. William Shirley, owner of the Family Fish Camp restaurant in Quitman, expects he’ll be doing the same thing next year he’s doing this year: continuing his lonely campaign for phasing out Mississippi’s business inventory tax. Elected in 2011, the Republican representative for District 84 has introduced an inventory ad valorem tax phase out […] [...]

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