As we move toward another election, I want to reassure you of my commitment to champion the needs of DeSoto County at your State Capitol, to defend Mississippi values, and to resist liberal policies that threaten the principles we were raised on. In 2015, I ran on the promise that I would use conservative, business-minded solutions to deliver results for our area, and I promised I would serve you with indisputable integrity.
This week we passed a major tax cut bill called the Taxpayer Pay Raise Act of 2016. Senate Bill 2825 would phase out income tax on the first $5,000 of taxable income and gradually eliminate franchise tax on the property of businesses and their capital. The idea is that Senate Bill 2858 will reduce the tax burden on small businesses, making it easier for them to grow and reinvest.
The bill would also eliminate the 3 percent and 4 percent tax brackets levied on income, keeping more money in the pockets of taxpayers.
The pace picked up this week as committees meet to discuss bills that will eventually come before the full senate. As I mentioned before, there have been hundreds of bills filed and sent to their respective committees for consideration.
While many bills are assigned to committees only a relative few are considered by the Chairman, voted on in committee, and if passed, move to the full body. We also passed commendatory resolutions that honored people who made significant contributions to our state or who have excelled in their fields of endeavor.
As I mentioned in my last newsletter, the legislature in conjunction with Governor Bryant’s 1.5% budget cuts, has voluntarily elected to reduce the legislative budget. Thus we have pushed up our Sine Die date to April 24th from May 8th.
On Thursday February 4th, the legislature convened a special session in order to authorize Mississippi’s largest economic development project to date. The House first took up the bill and after several hours of discussion pasted the