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CHICKASAW – Chickasaw County could soon be seeing a boost in revenue thanks to House Bill 1063 introduced to the House of Representatives by Representative Jon Lancaster, and its sister bill, Senate Bill 2895, introduced in the Senate by Senator Ben Suber. The bills would allow Chickasaw and other counties that were added on in the process, to lower the tax abatement on class two and class three property, below the legal limit. The standard abatement is 15%, however, under the new bill, it can be lowered to 8%. “It allows us to lower the tax abatement below the legal limit,” said District 2 Supervisor and vice president of the board, Bill Blissard. “The legal limit is 15%, but we got a bill that is specific to us and Sunflower County, which they put that on the bill to make it more interesting for the whole legislature, but it allows us to cut the tax abatement to 8% of the value instead of 15, which on $140 million is still a lot of money.”

United statesBen suberJon lancasterChickasaw countyHouse billRepresentative jon lancasterSenate billSenator benSunflower countySenator suberSenator ben suberTax incomeHouse of representativesஒன்றுபட்டது மாநிலங்களில்பென் சுபேற்ஜான் லான்காஸ்டர்