‘Jobs-friendly’ bills signed by Bryant
Four bills that became law Monday, products of what Gov. Phil Bryant called “the most jobs-friendly legislative session in modern Mississippi history,” affect businesses, workers, students and the growth of the health care industry.
Taking effect July 1 are laws that will boost the tax credit businesses can claim on inventory taxes, the creation of “health care industry zones” where medical businesses can cluster, dual-enrollment programs for high-school dropouts or those pondering leaving school and changes to the state’s worker compensation laws.
The inventory-tax bill increases the amount businesses can claim in tax credits to offset the cost of inventory like commodities, products, goods and, for the first time, raw materials and works-in-process.
Clarion Ledger
5/14/12