/Brain drain’ relief bill passes House

Brain drain’ relief bill passes House

The bill, HB1550, would allow recent college graduate to be eligible for a deduction on state income taxes within one year of graduation from a four-year institution. If they live and work in the state, these people will be eligible for the credit for up three years. They could also receive the tax credit for an additional two years if they purchased property and remained in the state. “We hope this will encourage some of our brightest and best to stay here. The legislation was sponsored by Trey Lamar (Republican from Senatobia), who sponsored it. The legislation was passed by the House with a vote of 118 to 0. The Future Caucus, a group of millennial legislators, applauded the House’s decision in a press release. Rep. Jeramey, D-Moss Point and co-chairman of millennial caucus, said, “It’s incredibly encouraging to watch the Mississippi House of Representatives take steps to reverse the evacuation of Our Best and Brightest.” Mississippi Today highlighted the topic of the millennial brain through a series stories and events. The Mississippi Millennial population declined by 3.9 percent between 2010 and 2016. A governing.com analysis of recently released state-by-state Census data shows that no other state has lost more Millennials. The total population of Mississippi increased by almost 20,000 in the same time period to reach 2,974,294 in 2016. Nearby states lost Millennials too, but not in the same proportion: Arkansas, 1.8 percent, Arkansas, 0.2 percent. Other than Mississippi, New Mexico, Illinois, and Michigan were the only states to experience a decrease of more than 2 percentage points between 2010-2016. Lt. Governors and state officials Tate Reeves, and Gov. These data are exaggerated, and Phil Bryant have claimed that they don’t reflect the reality. It is therefore unclear what the future holds. Clay Chandler, Bryant’s spokesperson, said that the legislation would likely be amended, but that Mississippi Today is supportive of Bryant’s idea. Reeves’ office didn’t immediately respond to questions regarding how the Senate bill would be handled.