Statewide transportation funding
The Mississippi House has a new proposal to help pay for roads and bridges.
The Ways and Means Committee passed House Bill 722 Wednesday to set aside a portion of what the state collects each year from the “use tax.” The tax will be paid on goods that will be shipped from out of state for use, storage, or consumption in Mississippi. Our state currently collects more than $300 million a year in use tax.
The new bill says: 35 percent of that would go to roads and bridges, 15 percent each to cities and counties, and five percent to a state fund to help local governments.
The bill is expected to come up for debate in the full House in the next several days.