§ 57-13-103. Legislative findings and declarations
The Legislature finds and declares that: The State of Mississippi relies on a number of tax incentives, including credits, exemptions, and deductions, and economic development programs that utilize the proceeds of state general obligation bonds to encourage businesses to locate, hire employees, expand, invest, and/or remain in the state; These various tax incentives and economic […]
§ 57-13-105. Definitions
As used in Sections 57-13-101 through 57-13-109: “Economic development tax incentive” includes those tax credits, deductions, exemptions, exclusions, and other preferential tax benefits or incentives enacted before or after July 1, 2014, for the purpose of recruitment or retention of businesses in the State of Mississippi. “Economic development program” includes those statutory economic development programs […]
§ 57-13-107. Schedule for analysis of economic development tax incentives and economic development programs
In accordance with the following schedule, the tax expenditure report produced by the University Research Center pursuant to Section 57-13-47, shall include an additional component, consistent with Section 57-13-109 and produced in consultation with the Director of the Mississippi Development Authority containing the following: Analyses of economic development tax incentives and economic development programs as […]
§ 57-13-109. Content of analyses of tax incentives and economic development programs
The analysis of tax incentives as required by Section 57-13-107 shall include, but not be limited to: A baseline assessment of the tax incentive, including, if applicable, the number of aggregate jobs committed and created with the taxpayers receiving such tax incentive; The statutory and programmatic goals and intent of the tax incentive, if the […]
§ 57-13-101. Short title
Sections 57-13-101 through 57-13-109 shall be known and may be cited as the “Economic Development Programs and Tax Incentives Evaluation Act of 2014.”