House adopts latest income tax repeal proposal
As we get to the last few days of the session, the House is bringing forward a new proposal to eliminate the income tax.
The newest proposal is a $100 million buy down of the income tax rate until it has been eliminated. Speaker of the House Philip Gunn noted that is 1.5 cents on a dollar or 10 percent of excess revenue that the state currently enjoys.
There is a six-year repealer on the House proposal, which has been delivered to the Senate in a signed conference report.
Saturday is the deadline for conference reports to be filed with Sine Die scheduled for April 3.
Brett Kittredge
Brett Kittredge is the Vice President of Marketing and Communications for Empower Mississippi. In his role he oversees marketing and communications strategies for a portfolio of initiatives that includes education, expanding work opportunities and justice.