Bryant wants to follow law, set aside 2 percent of revenue
JACKSON – Gov. Phil Bryant is setting as a goal for the upcoming fiscal year to follow existing law and appropriate only 98 percent of projected revenue.
While the law requiring 2 percent of revenue to be placed in reserves each year has been in existence since the early 1990s, it has been waived multiple times by the Legislature in the 2000s and 2010s with the consent of first Democratic Gov. Ronnie Musgrove and then by Republican Govs. Haley Barbour and Bryant.
Daily Journal
11/21/17
About the Author(s)
Magnolia Tribune
This article was produced by Magnolia Tribune staff.
More From This Author
News
|
Lindsay Whitehurst, Associated Press
, Jack Brook, Associated Press/Report for America
•
April 17, 2026
The Supreme Court hands a win to oil and gas companies fighting environmental lawsuits in Louisiana
The unanimous procedural decision gives the companies a new day in federal court after a state jury ordered Chevron to pay upward of $740 million to clean up damage to the state’s coastline, one of multiple similar lawsuits.