Mississippi Turns to Lottery, Other Tax Changes, in Special Session to Fund Bridge Repair

In a five-day special session that concluded August 29th, Mississippi lawmakers reached an agreement to reduce the state’s $400 million per year infrastructure funding shortfall, a plan that includes several tax changes. As of mid-August, more than 400 locally-owned bridges remained closed, with another 1,700 subject to weight restrictions, due to safety concerns and insufficient funding for repairs. The Mississippi Legislature considered three bills during the special session, all part of a broader infrastructure plan spearheaded by Governor Phil Bryant (R), which garnered support from both sides of the aisle. Two of the bills, Senate Bill 2001 and House Bill 1, have notable tax implications. Senate Bill 2001 establishes a state lottery with proceeds dedicated to infrastructure through June 2028. Under this legislation, at least 50 percent of gross revenue from the sale of lottery tickets must be awarded in prize money, while no more than 15 percent can be used to cover…

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