Legislative Update 2019 Week 8
This week, the Mississippi House of Representatives met in committees to consider bills that were passed over from the Senate. The deadline for House committees to pass these bills is Tuesday, March 5. Committee work will continue through Tuesday. After that, we will have a clear picture of the bills that will be debated on the House floor to become law.
Here are a few highlights from bills aimed at reducing the tax and regulatory burden on businesses that passed this week:
- HB 1127: This bill allows new businesses which invest a certain amount of capital to pay 1/3 of an ad valorem tax. Lower tax rates for businesses are a step in the right direction towards lowering current tax rates that are cost prohibitive for businesses in our state.
- HB 1429: This bill decreases the requirements to be a tax exempt business enterprise for data centers.
- HB 1613: This bill seeks to award tax credits to businesses or individuals who donate money to nonprofit organizations for orphans, for foster care, or for children with health problems.
As always, you can see every bill that the House voted on this week, along with how I voted and a short explanation of the bill, on my weekly vote post here.
I’ll continue live streaming the action from the House on my Facebook page here. I save all the videos to my page for you to watch at your convenience.
Mississippi’s State Capitol is widely regarded as one of the most beautiful in the country. If you or your family are interested in visiting, you can arrange a free tour here. Please let me know if you’ll be visiting, I’d love to greet you at your state capitol!
If you have any questions, comments, or concerns, please let me know! You can always reach me by email at Joel@JoelBomgar.com or on my cell phone at (601) 207-0813.
It’s an honor and a privilege to serve you!
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