MS Code § 57-91-5 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 91 - Economic Redevelopment Act|§ 57-91-5. Definitions

 As used in this chapter, the following words and phrases shall have the meanings ascribed herein unless the context clearly indicates otherwise:   "Business enterprise" means any permanent business enterprise locating or relocating within a redevelopment project area, including, without limitation:   Industry for the manufacturing, processing, assembling, storing, warehousing, servicing, distributing or selling of any products or goods, including products of agriculture;   Enterprises for research and development, including, but not limited to, scientific laboratories;   Industry for the retail sale of goods and services;   The industry for recreation and hospitality, including, but not limited to, restaurants, hotels and sports facilities; and   Such other businesses or industry as will be in furtherance of the public purposes of this chapter as determined by the MDA.   The term "business enterprise" shall not include gaming businesses.   "Contaminated site" means real property that is either (i) subject to a bankruptcy court order in which the property has been abandoned from the bankruptcy estate, or (ii) Brownfield property that is subject to a Brownfield agreement under Section 49-35-11, and the expansion, redevelopment or reuse of which is complicated by the presence or potential presence of a hazardous substance, pollutant or contaminant.   "County" means any county of this state.   "Developer" means any person who assumes certain environmental liability at a contaminated site and enters into an agreement with a redevelopment county or municipality whereby the developer agrees to undertake a redevelopment project. "Developer agreement" means said agreement.   "Governing body" means the board of supervisors of any county or the governing board of a municipality.   "Law" means any act or statute, general, special or local, of this state.   "MDA" means the Mississippi Development Authority.   "MDEQ" means the Mississippi Department of Environmental Quality.   "Municipality" means any incorporated municipality in the state.   "Person" means a natural person, partnership, association, corporation, business trust or other business entity.   "Redevelopment counties and municipalities" means those counties or municipalities which meet the requirements of this chapter and which have by resolution or order designated a redevelopment project area and given its consent to participate in the program established under this chapter.   "Redevelopment project" means a project that combines remediation of a contaminated site with the planned development of such site and surrounding land in a manner conducive to use by the public or business enterprises including the construction of recreational facilities.   "Redevelopment project area" means the geographic area defined by resolution of the county or municipality within which the remediation and planned development will take place containing the contaminated site and additional surrounding and adjacent land and waterfront, not exceeding six hundred fifty (650) acres, suitable for development.   "Resolution" means an order, resolution, ordinance, act, record of minutes or other appropriate enactment of a governing body.   "State taxes and fees" means any sales tax imposed on the sales or certain purchases by a business enterprise pursuant to law within a redevelopment project area, all income tax imposed pursuant to law on income earned by the approved business enterprise within a redevelopment project area and all franchise tax imposed pursuant to law on the value of capital used, invested or employed by the approved business enterprise in a redevelopment project area.