AN ACT TO AMEND SECTION 27-104-371, MISSISSIPPI CODE OF 1972, TO CLARIFY AND CORRECT NAMES AND PURPOSES OF CERTAIN PROJECTS FUNDED FROM DISBURSEMENTS FROM THE 2022 LOCAL IMPROVEMENTS PROJECTS FUND; TO AMEND SECTION 2, CHAPTER 109, LAWS OF 2022, TO REVISE THE APPROPRIATION OF GULF COAST RESTORATION FUNDS TO THE MISSISSIPPI DEVELOPMENT AUTHORITY FOR FISCAL YEAR 2023 TO REVISE THE USE OF FUNDS FOR THE STONE COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP; TO AMEND SECTION 57-1-16, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MONIES PROVIDED BY THE LEGISLATURE IN THE ACE FUND MAY BE USED TO REIMBURSE REASONABLE ACTUAL AND NECESSARY COSTS INCURRED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY; TO AMEND SECTION 57-1-701, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MONIES PROVIDED BY THE LEGISLATURE IN THE MISSISSIPPI SITE DEVELOPMENT GRANT FUND MAY BE USED TO REIMBURSE REASONABLE ACTUAL AND NECESSARY COSTS INCURRED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY; TO AMEND SECTION 57-61-21, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MONIES FROM THE PROCEEDS OF BONDS AND PROVIDED BY THE LEGISLATURE IN THE MISSISSIPPI BUSINESS INVESTMENT FUND AND THE MISSISSIPPI BUSINESS INVESTMENT SINKING FUND MAY BE USED TO REIMBURSE REASONABLE ACTUAL AND NECESSARY COSTS INCURRED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY; TO AMEND SECTION 57-61-25, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MONIES PROVIDED BY THE LEGISLATURE IN A CERTAIN FUND IN THE CREATED IN THE MISSISSIPPI BUSINESS ACT MAY BE USED TO REIMBURSE REASONABLE ACTUAL AND NECESSARY COSTS INCURRED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY; TO AMEND SECTION 65-4-15, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MONIES PROVIDED BY THE LEGISLATURE IN THE ECONOMIC DEVELOPMENT HIGHWAY FUND MAY BE USED TO REIMBURSE REASONABLE ACTUAL AND NECESSARY COSTS INCURRED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY; TO AMEND SECTION 57-1-221, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MONIES PROVIDED BY THE LEGISLATURE IN THE MISSISSIPPI INDUSTRY INCENTIVE FINANCING REVOLVING FUND MAY BE USED TO REIMBURSE REASONABLE ACTUAL AND NECESSARY COSTS INCURRED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY; TO AMEND SECTION 57-1-601, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MONIES PROVIDED BY THE LEGISLATURE IN THE MISSISSIPPI MAIN STREET INVESTMENT GRANT FUND MAY BE USED TO REIMBURSE REASONABLE ACTUAL AND NECESSARY COSTS INCURRED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY; AND FOR RELATED PURPOSES.

Statutes affected:
As Introduced: 27-104-371
Committee Substitute: 27-104-371, 57-1-16, 57-1-701, 57-61-21, 57-61-25, 65-4-15, 57-1-221, 57-1-601
As Passed by the Senate: 27-104-371, 57-1-16, 57-1-701, 57-61-21, 57-61-25, 65-4-15, 57-1-221, 57-1-601