Skip to content

News

News  |  Magnolia Tribune  • 
April 18, 2016

Legislators reach tax cut agreement

Legislative leaders reach accord to cut taxes, budget work continues Besides reaching an agreement Sunday night on a tax cut proposal legislative leaders also hammered out an accord on bonds to fund construction projects and on tax credits, such as for the development of historic properties. The bond package totals $249.6 million and includes funds…
News  |  Magnolia Tribune  • 
April 18, 2016

Legislature working to finalize state budget

Legislature slashes budgets, ponders taxes, borrowing Lawmakers worked into the night Sunday on a $6 billion state budget, passing major cuts to most agencies as Lt. Gov. Tate Reeves and House Speaker Philip Gunn and their lieutenants continued back-room haggling over cutting taxes and borrowing. The budget work is expected to continue at least through…