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House concurs with Senate on tax bill after hours of debate over triggers, grocery cut and fuel tax
Summary
The Mississippi House voted 92-27 to concur with Senate amendments to House Bill 1, a broad tax package that includes a trigger to reduce the individual income tax over time, a cut to the grocery tax and an increase to the fuel excise tax; lawmakers warned the changes could leave the state short if federal funding is reduced.
The Mississippi House of Representatives voted to concur with Senate amendments to House Bill 1, the multiyear tax-change package, by a roll-call of 92 yeas to 27 nays.
The Senate-added language moves a trigger mechanism that can reduce the state individual income tax rate over time if revenue and spending growth meet specified conditions, reduces the grocery sales tax from 7% to 5% in the first year, raises the motor fuel excise tax by 9 cents phased in at 3 cents per year for three years and includes new Public Employees' Retirement System (PERS) language for future hires, according to a House explanation of the changes.
Supporters said the measure furthers a long-standing House priority to reduce or eliminate the income tax. In floor remarks after the vote, a…
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