logo
Mississippi House passes state income tax bill

Mississippi House passes state income tax bill

Yahoo21-03-2025

MEMPHIS, Tenn. — Mississippi House lawmakers have passed a bill that would phase out the state's income tax while adjusting other taxes.
House Bill 1, also known as the 'Build Up Mississippi Act', would 'phase out the state income tax on the taxable income of individuals.'
The bill, authored by Representative Trey Lamar, was transferred to the Senate in January and amended earlier this week. The House voted 92 to 27 to agree with the Senate's amendments on Thursday.
Mississippi Governor Tate Reeves celebrated the move.
'Congratulations to the Mississippi legislature on passing historic tax reform and ELIMINATING THE INCOME TAX!' Reeves posted to Facebook. 'What a great day for Mississippi taxpayers.'
While Reeves says he can't wait to receive the bill, the bill's ultimate fate is uncertain as a motion to reconsider was also entered on Thursday.
Reeves acknowledged that there are lawmakers who 'desire future tweaks to this law.' Reeves says that changes can be considered in future legislation.
In addition to phasing out the income tax, House Bill 1 would reduce the sales tax rate on groceries and 'revise the sales tax exemption' on gas.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Reports: Virginia Democrats outdoing Republicans in raising campaign contributions
Reports: Virginia Democrats outdoing Republicans in raising campaign contributions

Yahoo

time12 minutes ago

  • Yahoo

Reports: Virginia Democrats outdoing Republicans in raising campaign contributions

Democratic House of Delegates hopeful Kimberly Pope Adams raised the second-highest amount in Virginia of contributions to House campaigns for the latest campaign reporting period, according to the nonpartisan Virginia Public Access Project. Pope Adams, who has already locked up the Democratic nomination in the 82nd House District, reported a total of $262,048 in money raised for the April 1-June 5 window, based on data from the Virginia Department of Elections that was compiled by VPAP. That trailed only House Speaker Don Scott of Portsmouth, who raised just over $344,000 for the period. Political watchers were keeping a close eye on this round of reports, the last before the crucial June 17 party primaries across Virginia. Like Pope Adams, Scott already has the Democratic nod sewn up. He also does not appear to have any GOP opposition this year. The only House primary next week in the Tri-City area is in District 75 where three Democrats are vying to oppose Republican incumbent Carrie Coyner. In that contest, Lindsey Dougherty continues to outdistance Dustin Wade and Stephen Miller-Pitts. For the reporting period, Dougherty raised $171,695, compared to $136,276 for Wade and $4,471 for Miller-Pitts. As of June 5, Wade showed more than $100,000 in cash on hand over Dougherty and five times more than Miller-Pitts. VPAP reported Dougherty raising the sixth-highest amount of contributions for the period, and Wade the 12th. Dougherty and Miller-Pitts ran against Coyner in the 2019 and 2023 elections, respectively. The 75th District covers all of Hopewell and portions of Chesterfield and Prince George counties. More: The primary menu for June 17: Heavy on the state races and a first time for Petersburg In the 82nd District [Petersburg, Surry County, portions of Dinwiddie and Prince George], Pope Adams continues to run away from GOP incumbent Kim Taylor in campaign contributions. For the latest reporting period, Pope Adams' total was more than four times that of Taylor, who listed receiving $64,489 in donations. Her cash-on-hand amount of $289,468 was eight times more than Taylor's $34,502. The race is a rerun of 2023's race, one of the top three most expensive contests in recent Virginia political history. Taylor squeaked out a victory over Pope Adams by only 53 votes following a recount, and Democrats are clocking the 2025 race as pivotal in holding their slim majority in the House for the next two years. Pope Adams' contributions included $25,000 from the Clean Virginia Fund on April 23, $7,500 from the Jane Fonda Climate PAC on May 14, and three $5,000 donations from Elizabeth Simons on May 29, The Next 50 PAC on April 30 and Fund Her PAC on April 29. Taylor's largest contributions for the period were $20,000 from the Dominion Energy PAC on May 8, $10,000 from the Wren Williams for Delegate campaign on April 24, and identical $7,500 amounts from Friends of Scott Wyatt on April 2 and Chris Runion for Delegate on June 5. The reports indicate Taylor getting three donations of $100 or less, and Pope Adams receiving 1,461. More: House GOP incumbent lauds endorsement from local Democratic group. Democrats cry 'foul' In the 75th District primary, Dougherty received two contributions totaling $80,000 from the super PAC Secure Progress and $35,000 from the campaign of Democratic Del. Dan Helmer. Wade's top donations were $5,000 from himself and two donations from Anita Thurston totaling $4,500. Miller-Pitts' sole contribution of over $100 for the period was $250 from Rhonda Clanton-Davis. Coyner, a Republican seeking her fourth term in the House, received $69,056 in contributions over the period. Her largest donations were $10,000 from Carolyn Williams, $7,500 from Strong Start PAC, and three of $5,000 each from Thomas McInerney, Vision Management Services, and Clean Virginia Fund. Records indicate her having $315,350 in cash on hand as of June 5. The district traditionally leans Republican. Coyner has won re-election with as much as 55% of the vote, but Democrats still target her as vulnerable. In Petersburg, history is being made with the first-ever Democratic primary for the constitutional officer Commissioner of the Revenue. Incumbent Brittani Flowers is being challenged by Mary 'Liz Stith' Howard for the right to be the Democrat on the November ballot. Five years ago, the Virginia General Assembly voted to allow any local-office candidate [except School Board] to seek official party backing. The law went into effect last year, as Petersburg Vice Mayor Darrin Hill received the Democratic nomination for his Ward 2 seat by acclimation. The commissioner primary is the first contested one in Petersburg. Campaign records show Flowers receiving just shy of $3,000 in contributions for the reporting period. Her largest donations were $500 from former state Senate candidate Waylin Ross and $300 from Bernard Flowers Jr. Howard did not record any contributions for the reporting period. Petersburg City Councilor Marlow Jones, who is running as an independent for Virginia's lieutenant governor, raised $700 in donations during the latest reporting period. Five hundred dollars came from three contributions of more than $100. The remaining $200 was split among five contributions of less than $100. To see the latest donation data for any race this year, click on the VPAP website. Bill Atkinson (he/him/his) is an award-winning journalist who covers breaking news, government and politics. Reach him at batkinson@ or on X (formerly known as Twitter) at @BAtkinson_PI. This article originally appeared on The Progress-Index: Virginia primary 2025: Campaign finance reports show money pouring in

House to vote on repealing DC local laws on noncitizen voting, policing, immigration enforcement
House to vote on repealing DC local laws on noncitizen voting, policing, immigration enforcement

Yahoo

time12 minutes ago

  • Yahoo

House to vote on repealing DC local laws on noncitizen voting, policing, immigration enforcement

The Brief House Republicans are voting on three bills that would override D.C. laws on noncitizen voting rights, limiting police powers, and restricting immigration enforcement cooperation. One bill, HR 884, repeals D.C.'s 2022 law allowing noncitizens to vote in local elections. HR 2056 would dismantle D.C.'s sanctuary city protections by mandating cooperation with federal immigration authorities. WASHINGTON - The House of Representatives are voting Tuesday on three Republican-backed bills that would override several local D.C. laws. The bills would roll back D.C. efforts expand voting rights for non-citizens, restrict police and force the District to work with immigration enforcement efforts on a federal level. D.C. passed the Local Resident Voting Rights Amendment Act in 2022, granting noncitizens in D.C. the right to vote in local elections. That includes mayoral races, D.C. Council positions, attorney general, ANC members, attorney general and D.C. ballot measures. Noncitizens can also run for elected office in the D.C. government. HR 884 would repeal the act, removing voting powers from noncitizens. Congresswoman Eleanor Holmes Norton released a statement, pushing back at Congress' power of local D.C. matters. "Last Congress, Republicans introduced 14 bills or amendments to prohibit noncitizens from voting in D.C. or to repeal, nullify or prohibit the carrying out of D.C.'s law that permits noncitizens to vote," said Norton. "Yet, Republicans refuse to make the only election law change D.C. residents have asked Congress to make, which is the right to hold elections for voting members of the House and Senate." The Protecting Our Nation's Capital Emergency Act, would dismantle parts of D.C.'s Comprehensive Policing and Justice Reform Amendment Act of 2022. HR 2096 would allow D.C. police officers to negotiate disciplinary matters through collective bargaining. It would also restore a statute of limitation for claims against the Metropolitan Police Department. "This bill was introduced three days after House Republicans passed a continuing resolution that cut D.C.'s local budget by one billion dollars. That act of fiscal sabotage, which did not save the federal government any money, has led to a freeze on overtime, hiring and pay raises, and furloughs or layoffs may be next," said Norton. "Nine weeks ago today, the Senate passed the D.C. Local Funds Act to reverse the cut. The D.C. Local Funds Act is just sitting in the House. Like President Trump and the National Fraternal Order of Police, I call on the House to pass immediately the D.C. Local Funds Act." READ MORE: Congress' spending bill error leaves DC scrambling to cut $400M from budget HR 2056 would strike down D.C. policies that limit cooperation with federal immigration enforcement. It would prohibit DC officials from "sending, receiving, maintaining, or exchanging with any Federal, State, or local government entity information regarding the citizenship or immigration status (lawful or unlawful) of any individual." The bill would effectively dismantle D.C.'s sanctuary city policies. D.C. Mayor Muriel Bowser made moves to quietly overturn a law that prevents local police from cooperating with ICE, including it in a provision of her 2026 budget proposal. Big picture view The D.C. Home Rule Act of 1973 allows the city to elect its own mayor and council. It's also allowed for D.C. to choose Advisory Neighborhood Commissioners to handle community concerns. Congress still maintains control over D.C., including the ability to review all local legislation and appoint the city's judges. D.C. has no voting member in Congress, though it has a nonvoting Delegate. In February, legislators from Utah and Tennessee introduced a bill to strip D.C. of its ability to govern itself. The bill is named after D.C.'s Mayor Muriel Bowser – the "Bringing Oversight to Washington and Safety to Every Resident (BOWSER) Act." The bill would eliminate D.C. Home Rule Act of 1973 and would place D.C. under the full control of Congress. The Source This story includes information from the US House of Representatives, Congresswoman Eleanor Holmes Norton, and previous FOX 5 DC reporting.

eXp Realty Dominates 2025 RealTrends Rankings With 757 Agents and Teams Honored
eXp Realty Dominates 2025 RealTrends Rankings With 757 Agents and Teams Honored

Yahoo

time12 minutes ago

  • Yahoo

eXp Realty Dominates 2025 RealTrends Rankings With 757 Agents and Teams Honored

40 eXp Realty agents and teams break into the elite 'The Thousand' list, and the firm claims #1 spot for transactions nationwideBELLINGHAM, Wash., June 10, 2025 (GLOBE NEWSWIRE) -- eXp Realty®, 'the most agent-centric real estate brokerage on the planet™' and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced that a record-breaking 757 of its agents and teams have been named among the top real estate professionals in the country, according to the 2025 RealTrends Verified America's Best List. With fewer than 0.1% of agents qualifying nationwide, inclusion in the RealTrends rankings is a rare achievement that reflects exceptional production and service. Adding to the celebration, eXp Realty also ranked as the: #1 Brokerage in the U.S. by Transaction Sides #3 Brokerage in the U.S. by Sales Volume These accolades underscore eXp's continued dominance in the real estate space and its commitment to supporting agents through a robust cloud-based platform, best-in-class tools, and unparalleled collaboration opportunities. 'At eXp Realty, our agents are our greatest asset. Seeing 757 of our professionals earn recognition on the RealTrends lists is both humbling and energizing,' said Leo Pareja, CEO of eXp Realty. 'This success is a direct result of our commitment to providing agents with the tools, model, and culture they need to thrive. We are building something extraordinary, and this achievement is a powerful testament to the strength of our community.' With a mission to empower agents to build better businesses, eXp Realty continues to redefine what's possible in real estate, offering top-tier financial incentives, cutting-edge technology, and a globally connected network – all of which contribute to driving results for clients and professionals alike. About eXp World Holdings, Inc. eXp World Holdings, Inc. (Nasdaq: EXPI) (the 'Company') is the holding company for eXp Realty® and SUCCESS® Enterprises. eXp Realty is the largest independent real estate brokerage in the world, with over 81,000 agents across 27 countries. As a cloud-based, agent-centric brokerage, eXp Realty provides real estate agents industry-leading commission splits, revenue share, equity ownership opportunities, and a global network that empowers agents to build thriving businesses. For more information about eXp World Holdings, Inc., visit: SUCCESS® Enterprises, anchored by SUCCESS® magazine, has been a trusted name in personal and professional development since 1897. As part of the eXp ecosystem, it offers agents access to valuable resources to enhance their skills, grow their businesses, and achieve long-term success. For more information about SUCCESS, visit Safe Harbor and Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company's and its management's current expectations but involve known and unknown risks and uncertainties that could impact actual results materially. These statements include, but are not limited to, statements regarding the anticipated success of agents or teams joining eXp Realty, future production goals or volume projections, and participation in or benefits derived from the Company's platform, tools, compensation model, or equity programs. Important factors that may cause actual results to differ materially and adversely from those expressed in forward-looking statements include real estate market fluctuations, changes in agent retention or recruitment, the Company's ability to expand successfully in international markets, competitive pressures, regulatory changes, and other risks detailed from time to time in the Company's Securities and Exchange Commission filings, including but not limited to the most recently filed Quarterly Reports on Form 10-Q and Annual Report on Form 10-K. We do not undertake any obligation to update these statements except as required by law. Media Relations Contact:eXp World Holdings, Investor Relations Contact:Denise Garciainvestors@ A photo accompanying this announcement is available at

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store