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Coast business leaders speak out on session's results.

Publication: Mississippi Business Journal
Publication Date: 24-MAY-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MISSISSIPPI GULF COAST -- Business leaders here followed the regular four-month legislative session in an effort to keep track of key issues important to this area and the rest of the state. Some of those include tort reform, offshore drilling, a lodging tax increase and bond bills.

Biloxi banker Chevis Swetman said, "I know it was a very tough session and they had hard choices to make, mainly because of budget issues, but they had to be made sooner of later."

The president and CEO of Peoples Bank likes the governor's no new tax stance and was pleased with the formation of the House of Representative's tourism committee for this important Gulf Coast industry. He feels tort reform still must be resolved but isn't sure how that will be accomplished.

"I'm glad to see the coliseum bill out and hopefully we will get the 60%...

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