SB2540: Mississippi Health Care Industry Zone Act; extend repealers on act and related tax incentives.

Legislative Summary

An Act To Amend Section 57-117-11, Mississippi Code Of 1972, To Extend The Date Of The Repealer On The Mississippi Health Care Industry Zone Act; To Bring Forward Sections 57-117-1 Through 57-117-9, Mississippi Code Of 1972, Which Constitute The Mississippi Health Care Industry Zone Act, For The Purpose Of Possible Amendment; To Amend Section 27-31-101, Mississippi Code Of 1972, To Extend The Date By Which County Boards Of Supervisors And Municipal Governing Authorities May Grant An Ad Valorem Tax Exemption To Health Care Industry Facilities; To Remove The Reverter On The Statute; To Amend Section 27-31-104, Mississippi Code Of 1972, To Extend The Date By Which County Boards Of Supervisors And Municipal Governing Authorities May Grant A Fee-in-lieu Of Ad Valorem Taxes To Qualified Businesses Under The Mississippi Health Care Industry Zone Act Which Meet Minimum Criteria Established By The Mississippi Development Authority; To Remove The Reverter On The Statute; To Amend Section 27-65-101, Mississippi Code Of 1972, To Extend The Date Of The Repealer On The Provision Of Law Exempting From Sales Taxation Sales Of Materials Used In The Construction Of, Or Addition Or Improvements To, A Health Care Industry Facility And Certain Sales Of Machinery And Equipment To Be Used In The Facility; And For Related Purposes.