Earlier this week, HB 799 was signed into law, which, among other things, will make it easier for multistate corporations to justify shifting income earned in MS out of state to avoid corporate income taxes and will lighten penalties for non-payment of taxes for sales and individual income taxpayers. How much will that cost us? It depends on who you ask.
Conference report changes to HB 799 fail to address our concerns about limiting the Department of RevenueThe state’s income from any source. Mississippi revenue includes: tax collections, fees, and intergovernmental grants.The Mississippi Department of RevenueThe state’s income from any source. Mississippi revenue includes: tax collections, fees, and intergovernmental grants.
Do we really have a surplus in the state budget? It depends on what you mean by surplus. The surplus created by the recent increase in revenueThe state’s income from any source. Mississippi revenue includes: tax collections, fees, and intergovernmental grants. estimates means that we have more money than we expected, not that we have more than we need.
The Joint Legislative Budget CommitteeThe Joint Legislative Budget Committee (JLBC) is composed of 14 legislators, half from the Senate and half from the House of Representatives. The Committee is chaired by either the Lieutenant Governor or by the Speaker of the House of Representatives and the chairmanship alternates between them on an annual basis.
In the Senate, the Chairman of the Senate Finance Committee, the President Pro Tempore and the Chairman of the Senate Appropriations Committee are standing members of the JLBC.
A longtime staunch opponent of the Affordable Care Act decided to support expanding Medicaid in his state this week, adding to the list of conservatives who are having a change of heart on the issue, as advocates (as well as hospitals and other industry forces) continue to lobby hard for states to take full advantage of the federal funding provided in the ACA. At the same time, lawmakers from states including Mississippi continued their efforts to push for expansion as well. As full enactment of the law draws closer and closer, progressive lawmakers are growing bolder in their advocacy for full implementation of the ACA, and events this week signaled a clear shift in the political terrain in favor of supporters of health reform:
In the coming weeks, the Supreme Court will hear oral arguments in two high-profile challenges affecting states directly: Shelby County v. Holder, a challenge to the constitutionality of Section 5 of the Voting Rights Act, as well as two cases on same-sex marriage. Arguments in the Voting Rights Act case are scheduled for February 27th, while arguments in the two marriage cases, Hollingsworth v. Perry and United States v. Windsor, are set for late March. States and the Obama administration are already filing briefs in advance of both cases. At the same time, efforts to advance marriage equality continued this week in state legislatures including Minnesota and New Jersey:
With a Supreme Court decision and a presidential election now come and gone, conservatives in many states seem to be having second thoughts about their opposition to the Affordable Care Act. Meanwhile, progressive lawmakers in Iowa and Michigan signaled they were set to introduce legislation on Medicaid expansion:
As “The Year of Voter ID” continues, pushback from outraged voters in a number of venues is leading to a growing realization that these supposed efforts to maintain election integrity are actually intended to suppress the vote this November. As a result, backers of voter suppression measures are facing unexpected obstacles at both the state and federal level in their efforts to tilt the electoral scales.
Legislators in Mississippi refused to bring up HB 488 for a committee vote last Tuesday — effectively killing the anti-immigrant measure modeled off of Arizona and Alabama’s controversial and economically devastating laws.