US Lawyer Database

§ 57-99-3. Quarterly incentive payments to qualified companies and their affiliates; duration of payments; application; job requirements; notification of Department of Revenue

Except as otherwise provided in this section, a qualified business or industry that meets the qualifications specified in Sections 57-99-1 through 57-99-9 may receive quarterly incentive payments for a period not to exceed twenty-five (25) years from the Department of Revenue pursuant to the provisions of Sections 57-99-1 through 57-99-9 in an amount which shall […]

§ 57-99-5. Creation of MMEIA Withholding Rebate Fund, purpose

There is created in the State Treasury a special fund to be known as the “MMEIA Withholding Rebate Fund,” into which shall be deposited withholding tax revenue required to be deposited into such fund pursuant to Section 27-7-312. The money in the fund shall be used for the purpose of making the incentive payments authorized […]

§ 57-91-7. Designation as redevelopment counties and municipalities

From and after January 1, 2005, any counties or municipalities meeting the following conditions may apply to the MDA for the issuance of a certificate of public convenience and necessity: There is located within such county or municipality a contaminated site; There has been established by resolution of the county or municipality a redevelopment project […]

§ 57-91-9. Redevelopment Project Incentive Fund created; incentive payments

There is created in the State Treasury a special fund to be known as the “Redevelopment Project Incentive Fund,” into which shall be deposited certain state taxes and fees collected from business enterprises located within the redevelopment project area. The monies in the fund shall be used for the purpose of making the incentive payments […]

§ 57-91-11. Rules and regulations

The MDA shall promulgate rules and regulations, in accordance with the Mississippi Administrative Procedures Law, for the implementation and administration of this chapter.

§ 57-93-1. Definitions; Mississippi Existing Industry Productivity Loan Program established; amount of loan; interest rate; powers of Mississippi Development Authority to implement and administer program; Mississippi Existing Industry Productivity Loan Fund created; Mississippi Existing Industry Productivity Loan Program Bond Sinking Fund created

As used in this section: “Existing industry” means a manufacturing enterprise that has been operating in this state for not less than two (2) consecutive years that meets minimum criteria established by the Mississippi Development Authority. “Long-term fixed assets” means assets that: Through new technology will improve an enterprise’s productivity and competitiveness; and Meet criteria […]

§ 57-95-1. Definitions; Mississippi Job Protection Act established; purpose; loan application; amount of loan; interest rate; powers of Mississippi Development Authority to implement and administer program; grants to at-risk industries; Mississippi Job Protection Act Fund created; Mississippi Job Protection Act Bond Sinking Fund created

As used in this section: “At-risk industry” means any enterprise that has been operating in this state for not less than three (3) consecutive years that has lost jobs or is at risk to lose jobs because such jobs have been outsourced. “MDA” means the Mississippi Development Authority. “Outsource” means to send out work or […]