AN ACT TO AMEND SECTION 57-114-3, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "QUALIFIED BUSINESS OR INDUSTRY" UNDER THE MISSISSIPPI FLEXIBLE TAX INCENTIVE ACT; TO AMEND SECTION 57-114-13, TO REVISE THE TIME WITHIN WHICH A QUALIFIED BUSINESS OR INDUSTRY MUST FILE AN ANNUAL REPORT WITH THE MISSISSIPPI DEVELOPMENT AUTHORITY FOR EACH QUALIFIED ECONOMIC DEVELOPMENT PROJECT WHICH HAS BEEN CERTIFIED, AND FOR WHICH ANY MISSISSIPPI FLEXIBLE TAX INCENTIVE ACT TAX INCENTIVE HAS BEEN AWARDED, BY THE MISSISSIPPI DEVELOPMENT AUTHORITY; TO AMEND SECTION 57-114-15, MISSISSIPPI CODE OF 1972, WHICH IS A SECTION OF THE MISSISSIPPI FLEXIBLE TAX INCENTIVE ACT, FOR THE PURPOSE OF CHANGING A REFERENCE TO THE DEPARTMENT OF REVENUE TO THE DEPARTMENT OF EMPLOYMENT SECURITY; AND FOR RELATED PURPOSES.

Statutes affected:
As Introduced: 57-114-3, 57-114-13, 57-114-15
As Passed by the House: 57-114-3, 57-114-13, 57-114-15