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JACKSON, Miss. (WJTV) – The Mississippi House passed a massive tax reform bill on Thursday, January 16.

Lawmakers passed the “Build Up Mississippi Act” (House Bill 1) by a vote of 88-24.

House Bill 1, authored by Rep. Trey Lamar’s (R-District 8), would result in an estimated $1.1 billion income tax cut for Mississippians in the next 10 years. The ultimate goal is to eliminate the income tax completely.

The bill creates a new 5% sales tax on motor fuels, generating $400 million annually for the Mississippi Department of Transportation (MDOT).

Supporters of the bill emphasize saving money for working Mississippians, but others worry that such a cut in revenue will drain funding for essential services.

““Today, the Mississippi House of Representatives took a transformative positive step by passing House Bill 1, the Build Up Mississippi Act, with bipartisan support. This crucial legislation paves the way for a brighter economic future for our state, delivering a comprehensive tax reform package designed to uplift Mississippians, support our infrastructure and PERS system, and empower local governments,” said House Speaker Jason White (R-Miss.).

The bill now moves to the Mississippi Senate for consideration.

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