HB1578: Mississippi Site Development Grant Fund; revise to expand access for certain eligible entities and commercial property investments.

Legislative Summary

An Act To Amend Section 57-1-701, Mississippi Code Of 1972, To Revise The Definition Of Certain Terms Under The Mississippi Site Development Grant Fund Program For The Purpose Of Expanding Qualifying Entities To Include Public School Districts And Urban Renewal Agencies And The Extended Lease Projects Administered Under Their Respective Programs Related To 16th Section Land Leases And Urban Renewal Projects; To Include Site Developments On Publicly Owned Commercial Property And Contributions Toward Site Development On Such Commercial Property With An Overall Investment In Excess Of $50,000,000.00, As An Eligible Expense For Purposes Of The Program; And For Related Purposes.