Current:Home > MarketsMississippi’s top lawmakers skip initial budget proposals because of disagreement with governor -TruePath Finance
Mississippi’s top lawmakers skip initial budget proposals because of disagreement with governor
View
Date:2025-04-14 23:26:02
JACKSON, Miss. (AP) — Mississippi legislators will begin their session next month without a broad outline from their leaders about how the state should spend money during the year that begins July 1.
The Joint Legislative Budget Committee met Wednesday, and members were scheduled to adopt recommendations as a starting point for writing a spending plan.
But because of an earlier disagreement with Republican Gov. Tate Reeves over how much money the state might collect during the year, the committee did not act.
The lack of action should not be much of a hindrance in ultimately setting a budget, committee leaders said. With a four-month session that begins in early January, the Republican-controlled House and Senate have a deadline in early May to decide on spending for education, health care, prisons and other state government services.
Budget writers will meet several times during the session, and they will monitor the state’s economic performance to try to predict how much tax money might be available to spend, said Republican Rep. Jason White of West, who is on track to become the new House speaker in January.
Legislators have reduced the state income tax in recent years, and Reeves has said he wants to fully eliminate it to make Mississippi more competitive with Texas, Tennessee and other states that don’t tax income.
However, Mississippi tax collections in September and October of this year were lower than during the same months last year.
Republican Lt. Gov. Delbert Hosemann, the current chairman of the Joint Legislative Budget Committee, said Wednesday that budget writers need to be cautious because the revenue trend “is not going positively.”
Hosemann said that if the state economy looks healthy, legislators could consider proposals to further reduce the income tax or to reduce the 7% grocery tax.
“If we’re doing well with our numbers, I think those need to be on the table,” Hosemann said.
veryGood! (34)
Related
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Khloe Kardashian and Tristan Thompson Celebrate Malika and Khadijah Haqq's 40th Birthday
- Adam Brody Shares Rare Insight into Leighton Meester Marriage
- In The U.S., Google Searches For 'Dating' Have Reached A 5-Year High
- This was the average Social Security benefit in 2004, and here's what it is now
- The Grisly True Story Behind Scream: How the Gainesville Ripper Haunted a Whole College Town
- Feel Like the MVP With Michael Strahan's Top Health & Wellness Amazon Picks
- Amazon Warehouse Workers In Alabama May Get To Vote Again On Union
- The Daily Money: Spending more on holiday travel?
- Shop These 17 Award-Worthy Dresses Before Your Oscars 2023 Viewing Party
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Knock 3 Times To Reveal These Secrets About Now and Then
- In The U.S., Google Searches For 'Dating' Have Reached A 5-Year High
- 'Shark Tank' investor Daymond John obtains restraining order against former contestants
- Trump issues order to ban transgender troops from serving openly in the military
- In The U.S., Google Searches For 'Dating' Have Reached A 5-Year High
- Check Out The First 3D-Printed Steel Bridge Recently Unveiled In Europe
- Fortnite Is Letting You Relive MLK's 'I Have A Dream' Speech
Recommendation
Bodycam footage shows high
Reversing A Planned Ban, OnlyFans Will Allow Pornography On Its Site After All
There's A Way You Can Beat The Best Investors. You've Just Got To Know When To Sell
Liftoff! Jeff Bezos And 3 Crewmates Travel To Space And Back In Under 15 Minutes
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
How To Have Your Vaccine Confirmation On You At All Times
Daisy Jones and The Six: What to Watch Once You're All Caught Up
You Season 5: Expect to See a More Dangerous Joe Goldberg