§ 57-91-1. Short title
This chapter shall be known and may be cited as the “Economic Redevelopment Act.”
§ 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.
§ 57-91-3. Legislative findings; provisions of chapter to be liberally construed
The Legislature finds and determines that there exists in this state a continuing need for programs to assist certain counties and municipalities in encouraging economic development, the consequent job creation and retention, additional private investment and increased local and state revenue which together insures the further development of a balanced economy. The Legislature further finds […]
§ 57-91-5. Definitions
As used in this chapter, the following words and phrases shall have the meanings ascribed herein unless the context clearly indicates otherwise: “Business enterprise” means any permanent business enterprise locating or relocating within a redevelopment project area, including, without limitation: Industry for the manufacturing, processing, assembling, storing, warehousing, servicing, distributing or selling of any products […]
§ 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 […]