reglab/housing_qa huggingface dataset:
MS Code § 57-77-31 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 77 - Venture Capital Act of 1994|§ 57-77-31. Redemption, repayment, purchase or cancellation of bonds and notes; appropriations for payment of principal and interest on bonds and notes; rate of interest on loans made using funds from Venture Capital Fund

  All bonds issued under the authority of this chapter shall be redeemed at maturity, together with all interest due, from time to time, on the bonds, and these principal and interest payments shall be paid from the general fund.   In the event that all or any part of the bonds and notes are purchased, they shall be canceled and returned to the loan and transfer agent as canceled and paid bonds and notes; and, thereafter, all payments of interest thereon shall cease and the canceled bonds, notes and coupons shall be destroyed as promptly as possible after cancellation but not later than two (2) years after cancellation. A certificate evidencing the destruction of the canceled bonds, notes and coupons shall be provided by the loan and transfer agent to the seller.   The State Treasurer shall determine and report to the Department of Finance and Administration and Joint Legislative Budget Office by September 1 of each year the amount of money necessary for the payment of the principal of and interest on outstanding obligations for the following fiscal year and the times and amounts of the payments. It shall be the duty of the Governor to include in every executive budget submitted to the Legislature full information relating to the issuance of bonds and notes under the provisions of this chapter and the status of the general fund for the payment of the principal of and interest on the bonds and notes.   Except as otherwise provided by law, the rate of interest on any loans made using funds from the Venture Capital Fund shall be in accordance with Section 57-77-17. Notwithstanding the provisions of any other law to the contrary, the interest rate charged shall not be set such that the aggregate of the interest, penalties and other payments in connection with such assistance made using funds from the Venture Capital Fund will cause the bonds issued pursuant to this chapter to be deemed arbitrage bonds pursuant to Section 148 of the Internal Revenue Code of 1986 and the regulations promulgated thereunder. In the case of assistance initially funded from the proceeds of notes and subsequently funded from renewal bonds and notes, the interest rate to be charged on the assistance shall be established in accordance with Section 57-77-17 upon the sale of bonds or notes, as the case may be, for such assistance.
MS Code § 57-77-33 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 77 - Venture Capital Act of 1994|§ 57-77-33. Issuance of bonds and notes generally; terms, form, execution, etc., of bonds and notes

  The seller is authorized to borrow, on the credit of the state, money not exceeding the aggregate sum of Twenty Million Dollars ($20,000,000.00). Such borrowing may be evidenced by the issuance of bonds or notes, and the rate of interest on any such bonds or notes which are not subject to taxation shall not exceed the rates set forth in Section 75-17-101, Mississippi Code of 1972, for general obligation bonds.   As evidence of indebtedness authorized in this chapter, general or limited obligation bonds or notes of the state shall be issued from time to time to provide monies necessary to carry out the purposes of this chapter for such total amount, in such form, in such denominations, payable in such currencies (either domestic or foreign or both), and subject to such terms and conditions of issue, redemption and maturity, rate of interest and time of payment of interest as the seller directs, except that such bonds shall mature or otherwise be retired in annual installments beginning not more than five (5) years from date thereof and extending not more than twenty (20) years from the date thereof.   All bonds and notes issued under authority of this chapter shall be signed by the chairman of the seller, or by his facsimile signature, and the official seal of the seller shall be affixed thereto, attested by the secretary of the seller.   All bonds and notes issued under authority of this chapter may be general or limited obligations of the state, and the full faith and credit of the State of Mississippi as to general obligation bonds, or the revenue derived from projects assisted as to limited obligation bonds, are hereby pledged for the payment of the principal of and interest on such bonds and notes.   Such bonds and notes and the income therefrom shall be exempt from all taxation in the State of Mississippi.   Bonds may be issued as coupon bonds or registered as to both principal and interest as the seller may determine. If interest coupons are attached, they shall contain the facsimile signature of the chairman and the secretary of the seller.   As to bonds issued hereunder and designated as taxable bonds by the seller, any immunity of the state to taxation by the United States government of interest on bonds or notes issued by the state is hereby waived.
MS Code § 57-77-35 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 77 - Venture Capital Act of 1994|§ 57-77-35. Sale of bonds; temporary bonds; investment of bond proceeds; registration of bond sales; payment of costs and expenses

  Whenever bonds are issued, they shall be offered for sale at not less than par value and accrued interest and shall be sold by the seller at public or private sale, from time to time, in such manner and at such price as may be determined by the seller to be most advantageous.   Any portion of any bond issue so offered and not sold or subscribed for at public sale may be disposed of by private sale by the seller in such manner and at such prices not less than par and accrued interest, as the seller shall direct.   When bonds are issued from time to time, the bonds of each issue shall constitute a separate series to be designated by the seller or may be combined for sale as one (1) series with other general obligation bonds of the State of Mississippi.   Until permanent bonds can be prepared, the seller may, in its discretion, issue in lieu of permanent bonds, temporary bonds in such form and with such privileges as to registration and exchange for permanent bonds as may be determined by the seller.   Pending their application to the purposes authorized, bond proceeds held or deposited by the State Treasurer may be invested or reinvested as are other funds in the custody of the State Treasurer in the manner provided by law. All earnings received from the investment or deposit of such funds shall be paid into the State Treasury to the credit of the Venture Capital Fund.   The State Treasurer shall prepare the necessary registry book to be kept in the office of the duly authorized loan and transfer agent of the state for the registration of any bonds, at the request of the owners thereof, according to the terms and conditions of issue directed by the seller.   All costs and expenses in connection with the issue of and sale and registration of the bonds and notes in connection with this chapter, and all costs and expenses, validly incurred pursuant to this chapter, in connection with implementation of the program and development of application forms, procedures and requirements for use in connection with the program, may be paid from the proceeds of bonds and notes issued under this chapter.   The seller may provide, in the resolution authorizing the issuance of such bonds, for the employment of one or more persons or firms to assist in the sale of the bonds; to enter into contracts with financial institutions located either within or without the State of Mississippi to act as registrar, paying agents, transfer agents, or otherwise; for rating of the bonds; and to purchase insurance.
MS Code § 57-77-37 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 77 - Venture Capital Act of 1994|§ 57-77-37. Disposition of proceeds of sale of bonds; allocation of nonfederal funds

  The proceeds realized from the sale of bonds and notes under this chapter shall be paid to the State Treasurer and deposited into the Venture Capital Fund and specifically dedicated to the purposes enumerated in this chapter.   All nonfederal funds which may become available for the purposes of this chapter shall be deposited in the Venture Capital Fund and shall be allocated for the purposes of this chapter.
MS Code § 57-77-39 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 77 - Venture Capital Act of 1994|§ 57-77-39. Representation of seller by Attorney General with respect to issuing, selling and validating bonds or notes; payment of expenses relating to issuance of bonds or notes

 Except as otherwise authorized in Section 7-5-39, the Attorney General of the State of Mississippi shall represent the seller in issuing, selling and validating bonds or notes herein provided for, and the seller is hereby authorized and empowered to expend from the proceeds derived from the sale of the bonds or notes authorized hereunder all necessary administrative, legal and other expenses incidental and related to the issuance of bonds or notes authorized under this chapter.
MS Code § 57-79-1 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 79 - Mississippi Small Town Development Act|§ 57-79-1. Short title

 This chapter shall be known and may be cited as the "Mississippi Small Town Development Act."
MS Code § 57-79-3 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 79 - Mississippi Small Town Development Act|§ 57-79-3. Legislative findings and declaration of intent

 The Legislature finds that:   Many small towns and cities will benefit from professional and financial assistance;   The improvement of small towns and cities benefit the economic and general welfare of the people of the State of Mississippi;   Establishment of the Mississippi Small Town Development Program is an effective means to restore and strengthen Mississippi's small towns; and   It is the intent of the Legislature to establish the Mississippi Small Town Development Program.
MS Code § 57-79-5 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 79 - Mississippi Small Town Development Act|§ 57-79-5. Definitions

 For the purposes of this chapter, the following terms shall have the meanings ascribed herein unless the context shall otherwise require:   "Small town" shall mean any city, town or village with a population of five thousand (5,000) or fewer persons according to the most recent federal decennial census.   "Mississippi Small Town Development Fund" shall mean that fund administered by the Mississippi Department of Economic and Community Development to assist small towns for purposes authorized under this chapter.   "Grant application development expenses" shall mean any preliminary study, survey, investigation, or report including engineering analysis or cost estimates, or other professional services required to submit a grant or loan application to any state or federal agency or department.   "Grant application matching requirement" means any state or federal grant or loan requirement for the contribution of cash or other in-kind services as a part of any such grant or loan application.   "Mississippi Small Town Technical Assistance Network" shall be that program administered by the Mississippi Department of Economic and Community Development organized to provide both direct, individual technical assistance to small towns, and to maximize the efforts of other state and federal departments and agencies, as well as private not-for-profit organizations.
MS Code § 57-79-7 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 79 - Mississippi Small Town Development Act|§ 57-79-7. Authorization of Mississippi Small Town Development Program

 There is hereby authorized the creation of the Mississippi Small Town Development Program.
MS Code § 57-79-9 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 79 - Mississippi Small Town Development Act|§ 57-79-9. Composition of Mississippi Small Town Development Program

 The Mississippi Small Town Development Program shall consist of the following:   The Mississippi Small Town Development Fund, administered by the Mississippi Department of Economic and Community Development. Such fund shall be used to further the purposes of this chapter, specifically to provide grant application development expenses, grant application matching requirements and for related purposes.   Mississippi Small Town Technical Assistance Network, administered by the Mississippi Department of Economic and Community Development, which shall consist of the following elements:   Provide direct technical assistance to individual small towns to improve their effectiveness and efficiency.   Shall be organized geographically using Mississippi Planning and Development District lines.   Shall not duplicate the efforts of the myriad public agencies, departments, and private not-for-profit corporations, but will seek to maximize the effectiveness of existing efforts to improve small town government in Mississippi.   Shall be authorized to enter into mutually beneficial agreements with these and other local, state and federal agencies and departments, as well as private not-for-profit organizations, to receive donations, grants, real or personal property, and to further the purposes of this chapter.   May use interns from Mississippi's public universities through the existing Mississippi Public Service Internship Program.   Other programs of the Mississippi Department of Economic and Community Development, as well as other state agencies, that currently target the small towns of the state shall work with the Mississippi Small Town Technical Assistance Network to improve their publicity and effectiveness.
MS Code § 57-79-11 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 79 - Mississippi Small Town Development Act|§ 57-79-11. Authority of Mississippi Department of Economic and Community Development

 The Mississippi Department of Economic and Community Development is authorized to contract with other public agencies, as well as private not-for-profit corporations, to further the purposes of this chapter.
MS Code § 57-80-1 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 80 - Growth and Prosperity Act|§ 57-80-1. Short title

 This chapter shall be known and may be cited as the "Growth and Prosperity Act."
MS Code § 57-80-3 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 80 - Growth and Prosperity Act|§ 57-80-3. Legislative findings

 The Legislature finds and determines that there exists in this state a continuing need for programs to assist certain counties in encouraging economic development, the consequent job creation and retention, additional private investment and increased local and state revenue which together insures the further development of a balanced economy. To achieve these purposes, it is necessary to assist and encourage the creation of growth and prosperity by providing temporary relief from certain taxes within certain counties and within specific supervisors districts in certain other counties to certain business enterprises.   Further, the Legislature finds and determines that the authority granted under this chapter and the purposes to be accomplished hereby are proper governmental and public purposes and that the resulting economic benefits to the state are of paramount importance, mandating that the provisions of this chapter be liberally construed and applied in order to advance the public purposes.
MS Code § 57-80-7 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 80 - Growth and Prosperity Act|§ 57-80-7. Counties eligible for certificate of public convenience and necessity; application requirements; municipal consent to participation in Growth and Prosperity Program

  From and after December 31, 2000, the following counties may apply to the MDA for the issuance of a certificate of public convenience and necessity:   Any county of this state which has an annualized unemployment rate that is at least two hundred percent (200%) of the state's unemployment rate as of December 31 of any year after December 31, 2000, as determined by the Mississippi Department of Employment Security's most recently published data;   Any county of this state in which thirty percent (30%) or more of the population of the county is at or below the federal poverty level according to the official data compiled by the United States Census Bureau as of August 30, 2000, for counties that apply before December 31, 2002, or the most recent official data compiled by the United States Census Bureau for counties that apply from and after December 31, 2002; or   Any county of this state having an eligible supervisors district.     The application, at a minimum, must contain (a) the Mississippi Department of Employment Security's most recently published figures that reflect the annualized unemployment rate of the applying county as of December 31 or the most recent official data by the United States Census Bureau required by subsection (1) of this section, as the case may be, and (b) an order or resolution of the county consenting to the designation of the county as a growth and prosperity county.   Any municipality of a designated growth and prosperity county or within an eligible supervisors district and not more than eight (8) miles from the boundary of the county that meets the criteria of subsection (1)(b) of this section may by order or resolution of the municipality consent to participation in the Growth and Prosperity Program.   No incentive or tax exemption shall be given under this chapter without the consent of the affected county or municipality.
MS Code § 57-80-11 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 80 - Growth and Prosperity Act|§ 57-80-11. Promulgation of rules and regulations

 The MDA shall promulgate rules and regulations, in accordance with the Mississippi Administrative Procedures Law, for the implementation and administration of this chapter.
MS Code § 57-83-1 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 83 - Mississippi Technology, Inc. Liaison Committee|§ 57-83-1. Establishment; duties

 The President of the Senate and the Speaker of the House of Representatives shall each appoint three (3) members of their respective legislative houses to serve as members of the Mississippi Technology, Inc., Liaison Committee. The members of such committee shall be entitled (a) to attend meetings of the Mississippi Technology, Inc., Board of Directors, (b) to receive all budgets, reports, audits and all financial and other information distributed to the directors of Mississippi Technology, Inc., (c) to meet and confer with the directors and staff of Mississippi Technology, Inc., and (d) to perform such other activities as may be necessary or proper in discharging their responsibilities of liaison with their respective houses of the Legislature. The members of the liaison committee shall have no jurisdiction or vote on any matter within the jurisdiction of Mississippi Technology, Inc. The members of the committee shall prepare and submit an annual report to the Legislature no later than December 15 of each calendar year setting forth the activities and financial condition of Mississippi Technology, Inc., and their perspective and comments on the activities of Mississippi Technology, Inc. The report shall also contain recommendations regarding policy or legislative changes for consideration by the Legislature. The members of the Mississippi Technology, Inc., Liaison Committee shall be bound by the same limitations as to confidentiality of information regarding products, processes or the internal affairs of private businesses, as are imposed upon the officers and directors of Mississippi Technology, Inc. When the Legislature is not in session, members shall be paid per diem and all actual and necessary expenses, including mileage expenses, from their respective contingent expense funds at the rate authorized for committee meetings when the Legislature is not in session; however, no per diem and expenses will be paid when the Legislature is in session. The terms of the members of the liaison committee shall expire at the end of their terms of office.
MS Code § 57-85-1 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 85 - Mississippi Rural Impact Act|§ 57-85-1. Short title

 This chapter shall be known and may be cited as the "Mississippi Rural Impact Act."
MS Code § 57-85-3 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 85 - Mississippi Rural Impact Act|§ 57-85-3. Legislative findings

 The Legislature finds and determines that:   There exists in the State of Mississippi a continuing need for gainful employment for the citizens of the rural areas of the state.   To help provide employment opportunities and to impact the quality of life in these rural areas, a division within the Mississippi Development Authority should be created with power to promote business and economic development through job producing programs and by providing financial assistance to communities and businesses.   In accomplishing this purpose, such division will be acting in all respects for the benefit of the people of the state in the performance of essential public functions and serving a valid purpose in improving or otherwise promoting their health, welfare and prosperity, and the enactment of the provisions hereinafter set forth is for a valid public purpose.   The borrowing of money and the issuance of bonds for the purposes hereinafter set forth serves valid public purposes that will contribute to the employment base of the state.
MS Code § 57-87-1 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 87 - Mississippi Broadband Technology Development Act|§ 57-87-1. Short title

 This chapter may be cited as the "Mississippi Broadband Technology Development Act".