HB 1861

AN ACT TO AMEND SECTION 57-114-9, MISSISSIPPI CODE OF 1972, TO REVISE THE METHOD OF DETERMINING THE TOTAL AMOUNT OF THE INITIAL AMOUNT OF MFLEX TAX INCENTIVE UNDER THE MISSISSIPPI FLEXIBLE TAX INCENTIVE ACT FOR A CERTIFIED APPLICANT WITH A QUALIFIED ECONOMIC DEVELOPMENT PROJECT THAT IS LOCATED WITHIN A FEDERALLY DESIGNATED QUALIFIED OPPORTUNITY ZONE; TO AMEND SECTION 57-114-13, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; TO BRING FORWARD SECTION 57-114-7, MISSISSIPPI CODE OF 1972, WHICH IS A SECTION OF THE MISSISSIPPI FLEXIBLE TAX INCENTIVE ACT, FOR THE PURPOSES OF POSSIBLE AMENDMENT; AND FOR RELATED PURPOSES.