AN ACT TO AMEND SECTION 57-113-21, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITIONS OF CERTAIN TERMS FOR PURPOSES OF THE SALES, USE AND FRANCHISE TAX EXEMPTIONS FOR DATA CENTER ENTERPRISES; TO AMEND SECTION 57-113-23, MISSISSIPPI CODE OF 1972, TO REVISE THE REQUIRED CONTENTS OF THE APPLICATION TO BE SUBMITTED BY BUSINESS ENTERPRISES SEEKING THE EXEMPTIONS; TO PROVIDE THAT A BUSINESS ENTERPRISE SHALL AUTOMATICALLY BE ELIGIBLE FOR UP TO TWO TEN-YEAR EXTENSIONS OF THE TAX EXEMPTIONS FOR A QUALIFYING ADDITION OR EXPANSION, INCLUDING HARDWARE REPLACEMENT, TO A DATA CENTER; TO AMEND SECTION 57-113-25, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A BUSINESS ENTERPRISE HAS 60 DAYS FROM THE DATE OF NOTICE OF NONCOMPLIANCE TO REMEDY THE NONCOMPLIANCE BEFORE FORFEITING ITS TAX-EXEMPT STATUS, SUBJECT TO ANY PENALTIES PROVIDED IN MISSISSIPPI DEVELOPMENT AUTHORITY RULES AND REGULATIONS; TO PROVIDE THAT A BUSINESS ENTERPRISE SEEKING AN EXTENSION OF THE TAX EXEMPTIONS BASED ON A QUALIFYING ADDITION OR EXPANSION TO A DATA CENTER SHALL APPLY DIRECTLY TO THE DEPARTMENT OF REVENUE; AND FOR RELATED PURPOSES.