JACKSON, Miss. (AP) - The state Senate has passed a bill to
provide help the cut-and-sew industry in Mississippi.
The bill, passed Thursday, would provide a $2,000 tax credit for
each new cut-and-sew employee hired in the ailing furniture
industry.
The legislation now goes back to the House for consideration of
Senate changes.
Supporters of the bill tells the Northeast Mississippi Daily
Journal that it will help keep jobs in the state. Many of those
jobs have been lost to foreign countries where the labor costs are
cheaper.
The tax break is designed to make the Mississippi work force
more attractive to the furniture manufacturers, many of which are
located in Northeast Mississippi.
---
The bill is House Bill 1674.
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Economic development bills pass
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Published: March 12, 2010
Published: March 12, 2010
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