AN ACT TO ESTABLISH THE MISSISSIPPI QUALIFIED OPPORTUNITY ZONE INVESTMENT INCENTIVE PROGRAM; TO PROVIDE AD VALOREM TAX, INCOME TAX AND SALES TAX INCENTIVES FOR QUALIFYING BUSINESSES LOCATING OR EXPANDING OPERATIONS WITHIN FEDERALLY DESIGNATED QUALIFIED OPPORTUNITY ZONES; TO PRESCRIBE ELIGIBILITY REQUIREMENTS, BENEFITS, COMPLIANCE, AND TERMINATION PROVISIONS; TO BRING FORWARD SECTION 27-7-21, MISSISSIPPI CODE OF 1972, WHICH IS A SECTION OF THE STATE INCOME TAX LAW, FOR THE PURPOSES OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 27-65-101, MISSISSIPPI CODE OF 1972, WHICH AUTHORIZES CERTAIN INDUSTRIAL SALES TAX EXEMPTIONS, FOR THE PURPOSES OF POSSIBLE AMENDMENT; AND FOR RELATED PURPOSES.

Statutes affected:
As Introduced: 27-7-21, 27-65-101