by Liz Gullett | Mar 14, 2025 | Liz Gullett
The House Finance Committee reported legislation reducing the state income tax rate from 4.25% to 4.05%, effective January 1, 2025. Key Points: House Bill 4170 was introduced by Representative Kathy Schmaltz (R-Jackson). In 2015, legislation was signed into law by...
by Liz Gullett | Mar 14, 2025 | Liz Gullett
Members of the Senate Democratic caucus announced their proposal, aimed at “laying the foundation for a strong future for children and parents,” according to their press release. The proposal has a multi-angled approach: A $5,500 Working Parents Tax Credit for working...
by Liz Gullett | Mar 10, 2025 | Liz Gullett
Over the past week, we covered these topics on the MLC Blog… Testimony was given in the House Finance Committee on legislation requiring that a detailed report be mailed annually to every taxpayer, outlining the state’s revenues and distribution. The House Energy...
by Liz Gullett | Mar 7, 2025 | Liz Gullett
Testimony was given in the House Finance Committee this week on legislation requiring that a detailed report be mailed annually to every taxpayer, outlining the state’s revenues and distribution. Key Points: House Bill 4019 was introduced by Representative Matt...
by Liz Gullett | Mar 7, 2025 | Liz Gullett
Legislation was introduced immediately reducing the state income tax rate to 4.05%, as of January 1, 2025. According to the bill sponsor, this will help address the rising costs that families are facing, including groceries, housing, and childcare. Key Points: House...
