HB1501: Economic development project; revise certain definition of and allow counties and municipalities to enter into agreement with qualified business enterprises.
Legislative Summary
An Act To Amend Section 17-25-27, Mississippi Code Of 1972, To Revise The Definition Of An Economic Development Project To Also Include Qualified Projects, As Defined In The Mississippi Flexible Tax Incentive Act; And To Authorize A Board Of Supervisors Of A County And/or The Governing Authority Of A Municipality To Enter Into An Agreement With A Qualified Business Enterprise To, Either Individually Or Cooperatively, Fund Or Reimburse The Qualified Business Enterprise For Certain Qualified Project Costs Incurred In Connection With A Qualified Development Or Redevelopment Project Solely Using Revenues Derived From The Project; And For Related Purposes.
Demographic Impact
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Bill History
Amendments
Senate Committee Amendment No 1
Committee Amendment No 1