Tax break: outlet mall would be 'cultural retail'
JACKSON, Miss. (AP) — The state Senate has passed a bill to add "cultural retail" attractions to the definition of a tourism project so an outlet mall being built in Pearl will qualify for about $22 million in sales tax incentive funds.
State Sen. Dean Kirby, R-Pearl, tells The Clarion-Ledger (http://on.thec-l.com/12Eoyl0 ) the state will get a lot more than $22 million from the outlet mall.
He says the tourism angle comes in a tourist office with information about attractions in Mississippi and in live music performances at the mall.
The Outlets Mall of Mississippi is scheduled to open in November.
Senate Bill 2806 adds the term "cultural retail" to the definition of a tourism project to qualify for the tourism project sales tax incentive fund.
The bill now goes to the House.
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