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Lottery in exchange for tax cuts? House...

Lottery in exchange for tax cuts? House sends it to Senate

By: Magnolia Tribune - April 6, 2016

House has fight over tax bill, adds lottery

Senate Bill 2858, as passed by the Senate, contained Lt. Gov. Tate Reeves’ proposal to cut nearly $600 million in corporate and individual income taxes over 15 years.

But by the time it passed the House on Tuesday, the bill included only the elimination of the lowest bracket of income taxes and a provision that a state lottery would have to be created before the bill could ever take effect. Debate grew heated at times, and lawmakers several times grew so loud the House speaker had to bang his gavel and demand order.

Conservative House Republicans tried unsuccessfully to add the Reeves tax cuts back to the bill. Democrats attempted unsuccessfully to raise taxes or cut exemptions to fund road work.

Hattiesburg American
4/5/16

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.