reglab/housing_qa huggingface dataset:
MS Code § 57-33-3 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 33 - Southern Growth Policies Agreement|§ 57-33-3. Effect of agreement upon sovereign rights of local governments

 No section, article or provision contained herein shall be construed so as to prohibit, restrict or restrain the action of any individual member state, or the action of any county or municipal government within the boundaries of any individual member state, nor shall any delegate from the State of Mississippi be authorized by this legislature to cast any vote that would in any manner restrict the sovereign rights presently granted to or retained by this state under the United States Constitution or the rights of any local governments granted by the Constitution of the State of Mississippi or by statutory acts of the legislature.
MS Code § 57-34-1 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 34 - Alabama-Mississippi Joint Economic Development Authority|§ 57-34-1. Title

 This chapter shall be known and may be cited as the "Alabama-Mississippi Joint Economic Development Act."
MS Code § 57-34-3 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 34 - Alabama-Mississippi Joint Economic Development Authority|§ 57-34-3. Findings

 The Legislature hereby finds and declares the following:   There exists in the State of Alabama and in the State of Mississippi a continuing need for gainful employment for the citizens of both states.   There are significant advantages that will be realized from a cooperative approach between the two (2) states with respect to economic development of the area in each state along the border of the State of Alabama and the State of Mississippi.   In order to increase the gainful employment opportunities of the citizens of both states residing in such area, the Alabama-Mississippi Joint Economic Development Authority is hereby created with the purpose of securing the location of major economic impact projects within the area along the border of the State of Alabama and the State of Mississippi.   In order to accomplish this purpose, the authority shall be authorized by this agreement and by operation of other appropriate statutes, to act by cooperative endeavor with the State of Alabama, the State of Mississippi and with agencies and persons with such states to secure the economic development and welfare of the region.
MS Code § 57-34-9 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 34 - Alabama-Mississippi Joint Economic Development Authority|§ 57-34-9. Taxation; incentives; allocation; distribution

  A project shall be subject to taxation in the state in which the project is located. A project shall be subject to all state and local taxes in the state in which the project is located that are levied on other enterprises of similar nature in the state.   For purposes of determining an entity's state tax liability with respect to a project, an entity engaging in a project located in the designated geographic area may request tax incentives offered by the state in which the project is located. Tax incentives and modifications to implement more favorable incentives may be offered to the project at the discretion of the authority. No such incentives are final without approval of the legislatures of the states.
MS Code § 57-34-11 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 34 - Alabama-Mississippi Joint Economic Development Authority|§ 57-34-11. Cross-border activities

 All public agencies and political subdivisions of the States of Alabama and Mississippi are hereby authorized to perform for the benefit of any project any functions, activities or services that such agencies are otherwise permitted by law to perform regardless of where the project is located.
MS Code § 57-34-13 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 34 - Alabama-Mississippi Joint Economic Development Authority|§ 57-34-13. Funding

 The authority shall submit annually to the executive head or designated officer or officers of each state a budget of its estimated expenditures for such year as may be required by the laws of that state for presentation to the legislature thereof. The total amount of the authority's budget of estimated expenditures shall be apportioned among the states in equal shares. Subject to appropriation by the legislatures of the states, the authority shall be provided with such funds by each of the states as are necessary to enable the authority to fulfill the powers and duties imposed upon and entrusted to it.
MS Code § 57-34-15 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 34 - Alabama-Mississippi Joint Economic Development Authority|§ 57-34-15. Severability; construction

 The provisions of this chapter shall be severable, and if any phrase, clause, sentence or provision of this chapter is declared unconstitutional or the application thereof to any agency, person or circumstance is held invalid, the constitutionality of the remainder of this chapter and the applicability thereof to any other agency, person or circumstance shall not be affected thereby. It is the legislative intent that the provisions of this chapter be reasonably and liberally construed so as to accomplish the purposes set forth in Section 57-34-3 of this chapter.
MS Code § 57-35-1 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 35 - Tennessee River Valley Association|§ 57-35-1. State membership in Tennessee River Valley Association authorized

 That the Governor of the State of Mississippi be, and he is hereby, authorized and empowered for and on behalf of the State of Mississippi to join the Tennessee River Valley Association and the State of Mississippi may remain a member so long as the expense of such membership does not extend five thousand dollars ($5,000.00) per annum.
MS Code § 57-40-1 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 40 - Energy Infrastructure Revolving Loan Program|§ 57-40-1. Definitions

 As used in this chapter:   "Project" means a facility constructed after July 1, 2012, with a capital investment from private sources of not less than Fifty Million Dollars ($50,000,000.00).   "MDA" means the Mississippi Development Authority.
MS Code § 57-40-3 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 40 - Energy Infrastructure Revolving Loan Program|§ 57-40-3. Energy infrastructure revolving loan program established; purpose

 There is established an energy infrastructure revolving loan program to be administered by the MDA for the purpose of assisting counties and municipalities in:   Constructing, repairing or improving infrastructure related to a project, including, but not limited to, making a contribution in aid of construction to an energy-providing utility or cooperative for its constructing, repairing, improving and owning such infrastructure;   Site preparation related to a project on property owned by a county or municipality; and   Site preparation on property owned by the enterprise owning or operating a project.
MS Code § 57-40-7 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 40 - Energy Infrastructure Revolving Loan Program|§ 57-40-7. Powers and duties of Mississippi Development Authority in administering this chapter

 In administering the provisions of this chapter, the MDA shall have the following powers and duties:   To supervise the use of all funds made available under this chapter for infrastructure improvements;   To review and certify all projects for which funds are authorized to be made available under this chapter;   To requisition money in the Energy Infrastructure Revolving Loan Fund and distribute that money on a project-by-project basis in accordance with the provisions of this chapter;   To maintain an accurate record of all energy infrastructure revolving loan program funds made available to counties and municipalities and the costs for each project; and   To adopt and promulgate such rules and regulations as may be necessary or desirable for the purpose of implementing the provisions of this chapter.
MS Code § 57-41-1 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 41 - Financing Industrial Enterprise Projects|§ 57-41-1. Definitions

 Wherever used in this chapter, unless a different meaning clearly appears in the context, the following terms, whether used in the singular or plural, shall be given the following respective interpretations:   "Municipality" means any county or incorporated city, town or village in the State of Mississippi;   "Project" means land, buildings, improvements, fixtures, machinery, equipment and furnishings, and all real and personal properties deemed necessary in connection therewith, or any part or combination of parts of the foregoing, whether or not now in existence, which shall be suitable for use by any industrial enterprise;   "Industrial enterprise" means a person, corporation, partnership or other legal entity authorized by law to engage in the business of manufacturing, processing or assembling any products of agriculture, mining or industry, excluding retail businesses;   "Governing body" means the board or body in which the legislative powers of the municipality are vested;   "Mortgage" means a mortgage, indenture of trust, deed of trust or any other instrument securing notes of an industrial enterprise;   "Loan agreement" means an agreement providing for the governing body to loan the proceeds derived from the issuance of notes pursuant to this chapter to one or more industrial enterprises to be used to pay the cost of one or more projects and providing for the repayment of such loans by the industrial enterprises, and which shall provide for such loans to be evidenced by one or more notes, and secured by a mortgage delivered to the municipality or to the assignee of the municipality's rights under the loan agreement.
MS Code § 57-41-3 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 41 - Financing Industrial Enterprise Projects|§ 57-41-3. General powers of governing bodies

 The governing body is hereby granted the following powers, together with all powers incidental thereto or necessary for the performance of those hereinafter stated, in order to effectuate the purposes of this chapter:   To enter into loan agreements with an industrial enterprise with respect to one or more projects for such payments and upon such terms and conditions as the governing body may deem advisable in accordance with the provisions of this chapter;   To borrow money and issue its notes for the purpose of making loans to industrial enterprises to finance one or more projects; however, no loan shall exceed five hundred thousand dollars ($500,000.00) for any one (1) project;   As security for the payment of the principal of and interest on any notes so issued, to assign and pledge all or any part of its interest in and rights under the loan agreements relating thereto to financial institutions purchasing the notes, together with all notes and deeds of trust delivered to the municipality pursuant thereto.   The powers conferred upon the governing body of a municipality under this chapter may be exercised only after the governing body has obtained a certificate of public convenience and necessity from the Mississippi Board of Economic Development for each project of an industrial enterprise.
MS Code § 57-41-5 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 41 - Financing Industrial Enterprise Projects|§ 57-41-5. Issuance, terms and conditions of notes; validation of bonds

 The principal of, redemption premium, if any, and interest on the notes of the municipality shall be payable solely out of, and shall be secured by a pledge of the revenues and receipts derived from the industrial enterprise as designated in the proceedings of the governing body under which the notes shall be authorized to be issued, including debt obligations of the industrial enterprises obtained from or in connection with the financing of a project, and from such other sources available to the municipality as may be designated by the governing body in its proceedings in connection with the issuance of the notes. Such notes may be executed and delivered by the governing body at any time and from time to time, may be in such form and denominations, may be subject to such terms of redemption, may mature at such time or times not exceeding ten (10) years; and may be in fully registered form or in bearer form registrable either as to principal or interest or both, may bear such conversion privileges and be payable in such installments and at such time or times, may be payable at such place or places, whether within or without the State of Mississippi, may bear interest irrespective of any interest rate limitation, payable at such time or times, and at such place or places and evidenced in such manner, and may contain such provisions not inconsistent herewith, all as shall be provided in the proceedings of the governing body whereunder the notes shall be authorized to be issued.   Any notes of the governing body may be sold at public or private sale. The governing body may pay all expenses, premiums and commissions which its governing body may deem necessary or advantageous in connection with the issuance thereof, but solely from the proceeds of the notes. Bonds issued hereunder shall be validated in the manner provided by law in the chancery court of the county in which the municipality is located.
MS Code § 57-41-7 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 41 - Financing Industrial Enterprise Projects|§ 57-41-7. Security for notes

  The notes may be secured by a trust agreement by and between the municipality and a corporate trustee, which may be any trust company or bank incorporated under the laws of the United States or the laws of any state in the United States. Any such trust agreement may pledge or assign income, contract payments, fees or any other revenues and receipts to be received from an industrial enterprise, whether or not related to a project. The notes may be additionally secured by an assignment of a mortgage, deed of trust or other security interest upon all or any part of one or more projects, including any enlargements of and additions to a project, vesting in the trustee power to sell such project for the payment of indebtedness, power to operate a project and all other powers and authority and for the further security of the notes.   Any trust agreement made in accordance with the provisions of this chapter may contain a provision that, in the event of a default in the payment of the principal of, redemption premium, if any, or the interest on the notes issued in accordance with, or relating to, such agreement, or in the performance of any agreement contained in the proceedings, trust agreement or instruments relating to such notes, such payment and performance may be enforced by mandamus or by the appointment of a receiver in equity with power to charge and collect rates, rents or payments and to apply the revenues from the project in accordance with such proceedings, trust agreement or instruments.   Any mortgage or deed of trust to secure notes issued in accordance with the provisions of this chapter may also provide that in the event of a default in the payment thereof or the violation of any agreement contained in the mortgage or deed of trust, the property secured by the mortgage or deed of trust may be foreclosed and sold under proceedings in equity or in any other manner now or hereafter permitted by law. Such mortgage or deed of trust may also provide that any trustee under such mortgage or deed of trust or the holder of any of the notes secured thereby, may become the purchaser at any foreclosure sale if it is the highest bidder therefor.   The notes may be additionally secured by a guaranty agreement from an industrial enterprise to the trustee or to the holder of any note or by such other guaranty agreement, letter of credit or other arrangement as shall be acceptable to the municipality.
MS Code § 57-41-9 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 41 - Financing Industrial Enterprise Projects|§ 57-41-9. Sources for payment of notes; liability of municipality; negotiability of notes

 All notes issued by a municipality under authority of this chapter shall be limited obligations of the municipality, the principal of, redemption premium, if any, and interest on which shall be payable solely from revenues received by the municipality pursuant to the loan agreement or pursuant to notes and deeds of trust delivered to the municipality and from such other funds as may be made available to the municipality for such purpose by the terms of the trust agreement. Notes issued under authority of this chapter shall never constitute an indebtedness of the municipality within the meaning of any state constitutional provision or statutory limitation, and shall never constitute nor give rise to a pecuniary liability of the municipality or a charge against its general credit or taxing powers, and such fact shall be plainly stated on the face of each such note. The notes shall not be considered when computing any limitation of indebtedness of the municipality established by law. All notes issued under the authority of this chapter shall be construed to be negotiable instruments, despite the fact that they are payable solely from a specified source.
MS Code § 57-41-11 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 41 - Financing Industrial Enterprise Projects|§ 57-41-11. Investment in notes

 Notes issued under the provisions of this chapter shall be legal investments for commercial banks, savings and loan associations and insurance companies organized under the laws of this state.
MS Code § 57-41-13 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 41 - Financing Industrial Enterprise Projects|§ 57-41-13. Exemption from taxation of notes; limitations on exemption of industrial enterprises from taxation

 The notes authorized by this chapter and the income therefrom shall be exempt from all taxation in the State of Mississippi, and the revenue derived by the issuer from the project shall be exempt from all taxation in the State of Mississippi. Any industrial enterprise shall not be exempt from ad valorem taxes on the project, except as is otherwise provided in Section 27-31-101 et seq., Mississippi Code of 1972, nor shall purchases required to establish projects and financed by note proceeds be exempt from taxation in the State of Mississippi.
MS Code § 57-41-15 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 41 - Financing Industrial Enterprise Projects|§ 57-41-15. Construction of chapter

 This chapter, without reference to any other statute, shall be deemed to be full and complete authority for the issuance of the aforesaid notes, and shall be construed as an additional and alternative method therefor, and none of the present restrictions, requirements, conditions or limitations of law applicable to the issuance or sale of bonds, notes or other obligations by municipalities in this state shall apply to the issuance and sale of notes under this chapter, and no proceedings shall be required for the issuance of such notes other than those provided for and required herein, and all powers necessary to be exercised in order to carry out the provisions of this chapter are hereby conferred.
MS Code § 57-41-17 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 41 - Financing Industrial Enterprise Projects|§ 57-41-17. Adoption of rules and regulations

 The Mississippi Board of Economic Development is authorized and empowered to adopt and put into effect all reasonable rules and regulations that it may deem necessary to carry out the provisions of this chapter not inconsistent therewith, including, but not limited to, eligible costs of a project and the financing thereof.
MS Code § 57-43-3 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 43 - Railroad Revitalization|§ 57-43-3. Agreements to carry out railroad revitalization

 The Executive Director of the Mississippi Department of Transportation, with the approval of the Mississippi Transportation Commission, may enter into agreements with railroads, the United States government, persons, municipalities, counties, local railroad authorities or regional railroad authorities for carrying out the purposes of this chapter. Agreements entered into between the executive director and railroad corporations pursuant to this chapter may require payment by the railroad corporation of a portion of revenue derived from the improved rail line into the Railroad Revitalization Fund and to users who have paid a portion of the cost of the improved line. Any agreement between the executive director and a railroad corporation shall also include a condition that, as a prerequisite to its receipt of any monies available under this chapter, a railroad corporation agrees not to abandon any section of line on which such monies are to be spent until all of the monies expended on such section out of the Railroad Revitalization Fund have been replaced. The board of supervisors of a county and the governing authority of a municipality may enter into an agreement with the Mississippi Department of Transportation to receive a portion of the payments made by a railroad corporation to the Railroad Revitalization Fund pursuant to this chapter. The amount received by a county or municipality shall not exceed the amount appropriated to the Railroad Revitalization Fund by the county or municipality pursuant to this chapter.
MS Code § 57-43-5 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 43 - Railroad Revitalization|§ 57-43-5. Acceptance of federal grants; grants from fund

 The Mississippi Department of Transportation may accept federal funds to carry out the provisions of this chapter. All federal grants received under provisions of this chapter shall be expended for the purposes set forth in the federal grants. The transportation department, upon a finding that sufficient federal grants for railroad rehabilitation are not available, and with the approval of the State Fiscal Management Board, may make grants to railroad corporations in a total amount not to exceed Two Million Dollars ($2,000,000.00) from the Railroad Revitalization Fund.
MS Code § 57-43-7 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 43 - Railroad Revitalization|§ 57-43-7. Terms of agreements between Department and railroad corporations

 Agreements between the railroad corporations and the Mississippi Department of Transportation which do not require payment of a portion of the revenue derived from the improved rail line to be paid by the railroad to the Railroad Revitalization Fund shall require that the railroad establish and maintain a separate railroad corporation fund to which a specified portion of the revenue derived from the improved rail line shall be credited and that these funds shall be used by the railroad for the rehabilitation or improvement of rail lines within the state. The terms and conditions governing the use of monies in the special railroad corporation fund shall be stipulated in the agreement. The agreement shall also stipulate a penalty for use of the funds in a manner other than as set forth in the agreement.