Mississippi House approves $6.9 million factory and farm tax break
Factory operators, farmers and fishermen could stop paying sales taxes on electricity and fuel, under a state House proposal.
Representatives passed House Bill 844 by a 75-43 vote Monday to exempt those groups from a 1.5 percent sales tax on fuel used in producing those industries’ products. It now goes to the Senate for more debate. The tax break would cost more than $6.9 million a year, under projections from the state Department of Revenue.
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