Current:Home > StocksMississippi’s top lawmakers skip initial budget proposals because of disagreement with governor -Horizon Finance School
Mississippi’s top lawmakers skip initial budget proposals because of disagreement with governor
View
Date:2025-04-13 15:14:18
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! (3)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Here's why you shouldn't be surprised auto workers are asking for a 46% pay raise
- Accidentally throw away a conversation? Recover deleted messages on your iPhone easily.
- Emerald Fennell on ‘Saltburn,’ class and Barry Keoghan: Fall Movie Preview
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Portland State football player has 'ear ripped off' in loss to Oregon
- A Democratic prosecutor is challenging her suspension by Republican Florida Gov. Ron DeSantis
- Suspect serial killer arrested in Rwanda after over 10 bodies found in a pit at his home
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- A man is back in prison despite a deal reducing his sentence. He’s fighting to restore the agreement
Ranking
- South Korean president's party divided over defiant martial law speech
- Burning Man 2023: See photos of the art, sculptures, installations in Nevada desert
- Woman charged with abandoning newborn girl in New Jersey park nearly 40 years ago
- Louisville officer critically hurt during a traffic stop when shots were fired from a nearby home
- Buckingham Palace staff under investigation for 'bar brawl'
- The 27 Most-Loved Wedding Gifts from Amazon With Thousands of 5-Star Reviews
- Peloton instantly kills man by severing artery, lawsuit claims
- Judge says protections for eastern hellbender should be reconsidered
Recommendation
2025 'Doomsday Clock': This is how close we are to self
Watch: Video shows how Danelo Cavalcante escaped prison in Chester County, Pennsylvania
Jury weighs case of Trump White House adviser Navarro’s failure to cooperate with Jan. 6 committee
With 4 months left until the caucus, Ron DeSantis is betting big on Iowa
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Presidential centers issue joint statement calling out the fragile state of US democracy
Woman charged with abandoning newborn girl in New Jersey park nearly 40 years ago
Germany arrests 2 Syrians, one of them accused of war crimes related to a deadly attack in 2013