JACKSON — It appears that the state’s January revenue collections will exceed expectations, but Gov. Haley Barbour is still urging lawmakers to be cautious when spending. Barbour said, “Mississippi’s preliminary January revenue collections were slightly higher than estimated, which shows the state’s economy continues to recover slowly. The state collected $326 million, which was 1.42 [...] [...]
ACROSS MISSISSIPPI — The Mississippi Home Corporation (MHC) has awarded over $8 million in Housing Tax Credits (HTC) to developers for the construction and rehabilitation of 589 units statewide. The MHC said the developments will create over 500 jobs, which will provide $12.89 million in constructions wages and produce $67.78 million in related spending in [...] [...]
SOUTHAVEN — A special election where Southaven residents decide if they want to place a 1 percent tourism tax on restaurant tabs could be held Oct. 5. Mayor Greg Davis will ask the board of aldermen tomorrow to approve this date for the nonbinding referendum on the tourism tax. Davis tells The Commercial Appeal that [...] [...]
WASHINGTON — Associated Builders and Contractors (ABC) yesterday hailed the introduction of the American Job Builders Tax Reform Act of 2010 (H.R. 6097), a bipartisan bill, sponsored by Reps. Wally Herger (R-Calif.) and Shelley Berkley (D-Nev.), that will modify the tax code to help small construction contractors that are facing increased costs in energy, labor [...] [...]
FULTON — Fulton Mayor Paul Walker says a proposal to increase the tourism tax on hotel rooms will not appear on the November ballot as originally planned. Walker tells the Northeast Mississippi Daily Journal that the tax must be voted on in a citywide election rather than one that would include county voters outside the [...] [...]
GREENWOOD — Leflore County supervisors have asked the attorney general whether a home health agency owned by Sunflower County should have to pay property taxes in Leflore County. Sandra Britt of the North Sunflower Medical Center in Ruleville asked the board June 7 for an exemption for North Sunflower Home Health Agency, which is owned [...] [...]
D’IBERVILLE — A referendum for a 2 percent restaurant tax in D’Iberville won’t be on the November ballot. City manager Michael Janus said the deadline was 5 p.m. March 19, and Sen. Tommy Gollott and Rep. Steven Palazzo, both of Biloxi, declined to introduce the bill. Mayor Rusty Quave Quave tells The Sun Herald that [...] [...]
BILOXI — Mayor A.J. Holloway yesterday vetoed a proposed hotel room tax for Biloxi visitors. City council members passed the measure Wednesday night with the hope of having it to the Legislature before a Friday deadline. Holloway says the tax measure was conceived in the 11th hour and would impose an unspecified tax for an [...] [...]
Mississippi is one of many states that has increased the tax on cigarettes. For those of you who believe that the tobacco tax means your right to life, liberty and the pursuit of happiness has been mangled, you may be wondering: What’s next? How about a tax on sodas or trans fat? With all of [...] [...]
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