Week 8-February 27 - Mississippi Association of Supervisors

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The Mississippi Association of Supervisors
Weekly Legislative Update
2015 Regular Legislative Session, Feb. 27, 2015
The 2015 Regular Legislative Session
Bond Legislation
Week Eight of the 2015 Regular Legislative
Session has ended. The deadline for
committees to report general bills and
constitutional amendments originating in
OTHER house is March 3, 2015.
House Bill 38: This bill authorizes the
issuance of $5,000,000.00 of state general
obligation bonds to provide for the Small
Municipality and Limited Population
Counties fund. (NOTE: This bill is now is
Senate Finance)
Important Infrastructure Bills
Senate Bill 2566: This bill allow counties
that have replaced their structurally
deficient bridges to use LSBP funds to
match federal funds for State Aid System
Projects. Senate Bill 2566 also revises the
distribution of monies forfeited by counties
for not spending their LSBP funds. NOTE:
This bill will now head to the House
Appropriations
committee
for
consideration.
Senate Bill 2870: This bill addresses the
appropriation funding for State Aid Road
Construction. NOTE: This bill currently
contains the additional $32 million in
state aid funding that was appropriated
last year. This bill will now head to the
House chamber.
House Bill 1630: This bill authorizes the
issuance of bonds for repair of deficient
bridges on state maintained highways.
NOTE: This is a $400 million bond!
Please contact your legislators to get
“LOCAL” roads and bridges included in
this bill. This bill will now head to the
Senate chamber.
House Bill 1463: This bill authorizes the
issuance of $5,000,000.00 of state general
obligation bonds for the purpose of
providing funds for the Mississippi
Community Heritage Preservation Grant
Fund. (NOTE: This bill is now in Senate
Finance) HB1463 helps with county
courthouse restorations.
MS House of Representatives
Passes $1.5 Billion Dollar Tax Cut
The House passed a $1.5 billion individual
income tax cut proposal by a vote of 83-32.
The income tax cut in (HB1629) will occur
over a 15-year period beginning in Fiscal
Year 2017 (FY17) and will take place only if
there is three percent revenue growth in
each fiscal year.
Currently, Mississippians pay a three
percent income tax on their first $5,000 of
income, four percent on the next $5,000 of
income and five percent on income over
$10,000. Under the House plan, the three
percent income tax would be eliminated by
2019, the four percent income tax by 2022
and the five percent income tax by 2030.
Executive Director: Derrick Surrette
dsurrette@massup.org
Office Phone 601.353.2741
Dir. Gov. Affairs: Steve A. Gray
sgray@massup.org
Fax 601.353.2749
www.mssupervisors.org
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