2025 Regular SessionMississippi Legislature

SB2846: Economic development projects; expand local government authority to enter certain agreements in support of.

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; To Authorize A County Board Of Supervisors Or A Municipal Governing Authority 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

Overall analysis of equity impact

60% Positive
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Bill History

1/20/2025
Referred To Finance
Senate
2/4/2025
Title Suff Do Pass
Senate
2/13/2025
Passed
Senate
2/13/2025
Reconsidered
Senate
2/13/2025
Amended
Senate
2/13/2025
Passed As Amended
Senate
2/17/2025
Transmitted To House
Senate
2/18/2025
Referred To Ways and Means
House of Representatives
3/4/2025
Title Suff Do Pass
House of Representatives
3/6/2025
Passed
House of Representatives
3/7/2025
Returned For Enrolling
House of Representatives
3/10/2025
Enrolled Bill Signed
Senate
3/11/2025
Enrolled Bill Signed
House of Representatives
3/13/2025
Approved by Governor

Amendments

Senate Amendment No 1

Amendment No 1

Adopted

Roll Call Votes

House Passed
3/6/2025
119
Yea
0
Nay
1
Not Voting
0
Absent
Result: PASSED
Senate Passed
2/13/2025
51
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Passed As Amended
2/13/2025
51
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Passed As Amended
2/13/2025
51
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Passed(3/13/2025)
Chamber
House of Representatives

Sponsors

Republican: 2

Co-Sponsors (1)

Documents

Enrolled
Bill Text3/10/202515.9 KB
Engrossed
Bill Text2/17/202515.9 KB
Introduced
Bill Text1/24/202513.2 KB