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Tag Archives: Senate Finance Committee

Reeves' bill to kill car inspections heads to full Senate

Lt. Gov. Tate Reeves’ effort to rid the state of its $5 auto inspection sticker requirement won passage Thursday from the Senate Finance Committee. Senate Bill 2519 next goes to the full Senate. Similar bills died in the Legislature the last two years. The state has had the requirement since 1977, according to the Insurance Journal. Estimates are the stickers bring state ...

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Litigation timeline key for Section 42 valuation fight

A key hearing this week in Hinds County Chancery Court could go a long way toward changing how tax assessors calculate the tax liability for Section 42 Housing Developments. The Mississippi Association of Supervisors, the Mississippi Municipal League and dozens of towns and cities have sued the Department of Revenue, in an attempt to force that agency to allow tax ...

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Cash refunds go to historic preservation projects

Legislation giving developers cash refunds for historic restoration projects of at least $1 million cleared the Mississippi Senate last week. Though the legislation calls for cash outlays by the state, supporters of the bill say the state ultimately will save money. By giving the cash refunds in back-to-back years, the state pays the holder of the tax credit 75 cents ...

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