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Tag Archives: Mississippi Economic Council

Overtime policy plan for salaried workers draws mixed reviews

Group of businessman run and beat for time.

By JACK WEATHERLY  The U.S. Department of Labor is planning to more than double the pay threshold to $50,440 from $23,660 for salaried workers who are exempt from overtime. About 5 million will be directly affected by change, which is expected to go into effect next year, according to the department. In introducing the rules change, which does not require ...

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Updated: ‘Streamlined’ MDA debuts its analytical website

MDA web screenshot-feature_rgb

By JACK WEATHERLY  If it wants to remain competitive with other states, the Mississippi Development Authority needs to streamline and recognize that communications technology has changed. The agency has heeded those findings from a 2014 study funded by the Mississippi Economic Council, the state chamber of commerce. Streamlining means better delivery of services, said George Freeland, executive director of the ...

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Business groups file briefs in support of Kemper coal plant rehearing

By JACK WEATHERLY Three business-support groups have filed briefs with the Mississippi Supreme Court, asking for a rehearing of the case in which a rate increase for Mississippi Power Co. customers was reversed and a refund ordered. The Mississippi Economic Council, the Mississippi Manufacturers Association and the Mississippi Gulf Coast Business Council are seeking to get another review of the ...

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$50 million workforce training bill looks strong in homestretch

By TED CARTER Among the survivors of the bill-thinning that occurs at this stage of Mississippi’s legislative session is legislation to set up a $50 million workforce training program that can respond timely to worker training needs of companies looking to come to Mississippi or expand here. Senate Bill 2457, along with the House version (HB 911) which has been ...

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MEC taps Stephanie Patton, Edmond Hughes

The Mississippi Economic Council has announced the 2015 and 2016 officers for Leadership Mississippi. Stephanie Patton, Editor/Publisher of The Leland Progress, will serve as Leadership Mississippi Chair for 2015. Edmond Hughes, Vice President, Human Resources and Administration for Ingalls Shipbuilding, will serve as Leadership Mississippi Chair for 2016. Before purchasing the newspaper in 2011, Patton had a career in marketing ...

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Bryant to tap unemployment fund for worker-training advances

Call it the “Two-Cars-And-A-Boat” initiative. Gov. Phil Bryant last  Friday morning briefed business leaders on a workforce development proposal that calls for pulling $25 million each of the next two years from the state’s unemployment compensation reserve fund. The money would be used to step-up the state’s efforts to train workers for advanced manufacturing jobs and to create a future ...

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UPDATED: Bryant’s $50 million workforce training plan heads for floor votes

Matching House and Senate legislation that would pull  $25 million each of the next two years from the state’s unemployment compensation reserve fund to pay for workforce training made it to the floors of their respective houses Tuesday. The money would be used to step-up the state’s efforts to train workers for advanced manufacturing jobs and to create a future generation ...

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Bryant wants to divert $50 million from unemployment fund to workforce training

  Call it the “Two-Cars-And-A-Boat” initiative. Gov. Phil Bryant Friday morning briefed business leaders on a workforce development proposal that calls for pulling $25 million each of the next two years from the state’s unemployment compensation reserve fund. The money would be used to step-up the state’s efforts to train workers for advanced manufacturing jobs and to create a future ...

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Race to the pump: Feds appear ready to beat state on new gas taxes

The chairman of the Senate Transportation Committee says it seems Congress is about to pre-empt Mississippi’s  opportunity to take advantage of plummeting gasoline prices by enacting new motor fuels taxes. While Mississippi legislators wait for a late 2015 completion of a private-sector study on state transportation infrastructure needs and how to pay for them, Congress is poised to act this ...

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FORBES: Mississippi needs a dose of transparency at state department of revenue

A recent article in State Tax Notes details some transparency concerns at the Mississippi Department of Revenue that are (unfortunately) somewhat commonplace. For example, the department does not publish letter rulings, which can be useful in helping taxpayers understand the risk associated with a particular transaction. In general, taxpayers want to go into matters with eyes wide open, so the ability to ...

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