reglab/housing_qa huggingface dataset:
MS Code § 57-10-523 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 10 - Small Business Assistance|Article 13 - Mississippi Small Business Assistance Act|§ 57-10-523. Redemption and cancellation of bonds; determination by Treasurer as to bond payments for following year; inclusion of information in budget by Governor; interest rate on assistance

  All bonds issued under the authority of this article 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, together with any other 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 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 article 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 assistance made using funds from the Mississippi Small Business Assistance Fund shall be in accordance with Section 57-10-513. 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 to the planning and development districts or qualified entities in connection with such assistance made using funds from the Mississippi Small Business Assistance Fund will cause the bonds issued pursuant to this article 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 57-10-513 upon the sale of bonds or notes, as the case may be, for such assistance.
MS Code § 57-10-525 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 10 - Small Business Assistance|Article 13 - Mississippi Small Business Assistance Act|§ 57-10-525. Limitation on borrowing; rate of interest on nontaxable bonds or notes; issuance, terms, and execution of general or limited obligation bonds; payment of principal and interest on bonds; tax exempt status

  The seller is authorized to borrow, on the credit of the state, money not exceeding the aggregate sum of Thirty-two Million Dollars ($32,000,000.00), not including money borrowed to refund outstanding bonds, notes or replacement notes, as may be necessary to carry out the purposes of this article. 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 article, general or limited obligation bonds of the state shall be issued from time to time to provide monies necessary to carry out the purposes of this article 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 the date thereof and extending not more than twenty (20) years from the date thereof.   All bonds and notes issued under authority of this article 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 article 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.   The 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 § 57-10-527 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 10 - Small Business Assistance|Article 13 - Mississippi Small Business Assistance Act|§ 57-10-527. Sale of bonds; registration

  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 Mississippi Small Business Assistance 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 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 article, and all costs and expenses 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 article.   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 § 57-10-531 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 10 - Small Business Assistance|Article 13 - Mississippi Small Business Assistance Act|§ 57-10-531. Disposition of proceeds from sale of bonds and notes and available nonfederal funds

  The proceeds realized from the sale of bonds and notes under this article, other than refunding bonds and replacement notes, shall be paid to the State Treasurer and deposited into the Mississippi Small Business Assistance Fund and specifically dedicated to the purposes enumerated in this article.   All nonfederal funds which may become available for the purposes of this article shall be deposited in the Mississippi Small Business Assistance Fund and shall be allocated for the purposes of this article.   The proceeds of the sale of refunding bonds and replacement notes shall be applied solely to the payment of the principal of and the accrued interest on and premium, if any, and costs of redemption of the bonds and notes for which such obligations have been issued.
MS Code § 57-10-533 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 10 - Small Business Assistance|Article 13 - Mississippi Small Business Assistance Act|§ 57-10-533. Attorney General to represent seller in issuing, selling and validating 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 article.
MS Code § 57-10-601 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 10 - Small Business Assistance|Article 15 - State Small Business Credit Initiative|§ 57-10-601. Definitions; Mississippi Development Authority designated agency for implementation of state program and participation in federal initiative

  As used in this section:   "Act" means the State Small Business Credit Initiative Act of 2010 (Public Law 111-240).   "State program" has the meaning ascribed to such term in the State Small Business Credit Initiative Act of 2010 (Public Law 111-240).   "MDA" means the Mississippi Development Authority.     The MDA is designated as the agency to implement a state program and participate in the State Small Business Credit Initiative established under the act.   The MDA is authorized and empowered to take any action necessary to establish and implement a state program that meets all the requirements of the act.   The MDA is authorized and empowered to administer funds transferred to the state under the act.   The Executive Director of MDA is authorized and empowered to promulgate and put into effect all reasonable rules and regulations that he may deem necessary to carry out the provisions of this section and comply with the act.
MS Code § 57-10-701 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 10 - Small Business Assistance|Article 17 - Small Business and Grocer Investment Act|§ 57-10-701. Short title

 This article shall be known as the "Small Business and Grocer Investment Act."
MS Code § 57-10-703 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 10 - Small Business Assistance|Article 17 - Small Business and Grocer Investment Act|§ 57-10-703. Legislative intent

 The Legislature finds the following:   Developing quality retail food outlets creates jobs, expands markets for Mississippi farmers, and supports economic vitality in underserved communities.   Increasing access to retail food outlets that sell fresh fruits, vegetables and other healthy food is an important strategy for fighting the obesity epidemic and improving health. Studies have shown that people with better access to supermarkets and fresh produce tend to have healthier diets and lower levels of obesity.   The program established under this article is intended to provide a dedicated source of financing for healthy food retailers operating in underserved communities in Mississippi, in both urban and rural areas; to increase access to affordable healthy food so as to improve diets and health; to promote the sale and consumption of fresh fruits and vegetables, in natural and/or frozen form, particularly those that are Mississippi grown; and to support expanded economic opportunities in low-income and rural communities.
MS Code § 57-10-705 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 10 - Small Business Assistance|Article 17 - Small Business and Grocer Investment Act|§ 57-10-705. Definitions

 As used in this article:   "Agency" means the Mississippi Development Authority.   "Funding" means grants, loans, or a combination of grants and loans.   "Healthy food retailers" means retailers that sell quality fresh fruits and vegetables, in natural and/or frozen form, including, but not limited to, supermarkets, grocery stores, convenience stores and farmers' markets.   "Program" means technical assistance and a public-private partnership established in the state by the Mississippi Development Authority to identify and/or provide a dedicated source of funding and other financing for food retailers that increase access to fresh fruits and vegetables, in natural and/or frozen form, and other affordable healthy food for Mississippi residents overseen by the Mississippi Development Authority.   "Underserved community" means a geographic area that has limited access to healthy food retailers, or an area that is otherwise determined to have serious healthy food access limitations, that is located in a county that has been designated by the Department of Revenue as a Tier Two or Tier Three area under the provisions of Section 57-73-21(1).
MS Code § 57-10-709 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 10 - Small Business Assistance|Article 17 - Small Business and Grocer Investment Act|§ 57-10-709. Use of funding to leverage other sources of funds

 Funding described in this article, to the extent practicable, may be used to leverage other sources of funds, including, but not limited to, New Markets Tax Credits, federal and foundation grant programs, incentives available to designated Enterprise Zones or Renewal Communities, operator equity and funds from private sector financial institutions under the federal Community Reinvestment Act.
MS Code § 57-10-711 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 10 - Small Business Assistance|Article 17 - Small Business and Grocer Investment Act|§ 57-10-711. Repeal of Sections 57-10-701 through 57-10-709

 Sections 57-10-701 through 57-10-709 shall stand repealed on July 1, 2022.
MS Code § 57-11-3 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 11 - Market and Industrial Studies and Research|Mississippi Marketing Council|§ 57-11-3. Duties and responsibilities of council

 The duties and responsibilities of the council shall be to advise the division of marketing of the Mississippi Department of Economic Development regarding the development and execution of programs designed to carry out the purposes hereinbefore stated and to advise the governor and the legislature regarding policies and laws bearing upon the marketing of products and services and the establishment of industries utilizing or otherwise relating to agricultural and forestry products.
MS Code § 57-11-5 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 11 - Market and Industrial Studies and Research|Mississippi Marketing Council|§ 57-11-5. Composition of council; terms of members; officers; quorum

 The council shall consist of fifteen (15) members from the state at large, representative of the various segments of agriculture and forestry, to be selected and appointed by the governor, and who shall serve for a term of not more than four (4) years under each appointment, which term of office shall expire at the expiration of the term of office for which the governor appointing the members was elected, without regard for the date of actual appointment of the members. Such members shall continue to serve until their successors have been appointed and duly qualified. The governor shall appoint a chairman and a vice-chairman of the council, and nine (9) members shall constitute a quorum of the members thereof.
MS Code § 57-11-15 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 11 - Market and Industrial Studies and Research|Mississippi Marketing Council|§ 57-11-15. Establishment of Mississippi Craft Stores

 For the purpose of aiding, establishing and providing proper facilities for the efficient display and merchandising of crafts and arts in the interest of those individual citizens who are producing and are capable of producing various items of value and interest, the general public and the State of Mississippi, and to assist in the display, disposal and sale of such arts and crafts, there is hereby established under the supervision of the Mississippi Marketing Council the Mississippi Craft Stores.
MS Code § 57-11-17 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 11 - Market and Industrial Studies and Research|Mississippi Marketing Council|§ 57-11-17. Powers and authority of marketing council with respect to acquisition of facilities for craft stores

 The Mississippi Marketing Council is hereby authorized to acquire by donation or lease for and in the name of the State of Mississippi suitable and accessible facilities as may be necessary for the display, disposal and sale of those certain objects of crafts and arts set forth in Section 57-11-15. The marketing council is hereby authorized and empowered to lease, or rent, to any individual any part of the property under its jurisdiction acquired for such purposes. The funds derived from any lease, or rental contract, entered into under authority of this section shall be deposited in the state treasury to the credit of the general fund of the state.
MS Code § 57-11-19 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 11 - Market and Industrial Studies and Research|Mississippi Marketing Council|§ 57-11-19. Cooperation with marketing council by state agencies

 The Mississippi Department of Wildlife, Fisheries and Parks, the Mississippi Arts Commission, the Mississippi Department of Education, the Department of Human Services, the Mississippi Extension Service, the Mississippi Department of Agriculture and Commerce, the Mississippi Department of Economic and Community Development, and the Mississippi Fair Commission may cooperate with the marketing council in carrying out the purposes of Sections 57-11-15 through 57-11-21.
MS Code § 57-11-21 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 11 - Market and Industrial Studies and Research|Mississippi Marketing Council|§ 57-11-21. Restrictions on sales of merchandise by craft stores

 No craft store shall have on display, for sale, or otherwise handle any merchandise commercially manufactured except soft drinks or other items related to snacks.
MS Code § 57-11-31 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 11 - Market and Industrial Studies and Research|Market Research and Plant Design and Engineering|§ 57-11-31. Preparation of market studies, plant specifications, cost estimates, job estimates and operating statements

 The Mississippi Agricultural and Industrial Board is hereby authorized and empowered to employ such a firm or firms which are experienced, competent and qualified in the field of market research, industrial research, plant design and engineering as may be necessary to accomplish the following work in the shortest time possible:    To make a broad, preliminary market study to reveal a wide range of products, both agricultural and nonagricultural, that can be manufactured in Mississippi from materials and resources available in or to Mississippi.   To make detailed market studies in connection with the favorable products revealed by the preliminary study above referred to, in order to determine with reasonable certainty those products for which a profitable and growing market exists.   Lay out, design and prepare plans and specifications of the plants, machinery, equipment and other facilities necessary to produce in profitable volume those products selected as a result of the detailed study authorized in the foregoing paragraph.   Prepare detailed cost estimates of the necessary land, buildings, machinery, equipment and other facilities and determine the amount of investment capital required to build and equip each plant.   Prepare an estimate of the number of jobs to be created by each plant designed pursuant to Sections 57-11-31 through 57-11-39, the wage scale of the employees and the annual payroll of each plant.   Prepare a projected operating statement of each plant, showing the anticipated profits at the end of the first, third and fifth year of operation, based on maximum operating capacity. Prepare the same information based on the assumption that the plant will operate at minimum operating capacity. Provide the same information for such percentages of maximum operating capacity as the board may deem necessary to determine with reasonable certainty the capacity at which the plant must operate in order to show a profit and to attract investment capital. The aforesaid studies shall show the normal operating capital requirements of each plant for the first five (5) years.
MS Code § 57-11-33 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 11 - Market and Industrial Studies and Research|Market Research and Plant Design and Engineering|§ 57-11-33. Contracts and expenditures for services

 The Mississippi Agricultural and Industrial Board is authorized and empowered to contract and pay for the services set out in the foregoing section, in such amount or amounts as may be necessary to attain the objectives of Sections 57-11-31 through 57-11-39, provided such commitments and expenditures are not to exceed the sum of one hundred fifty thousand dollars ($150,000.00) appropriated by the Mississippi Legislature for special market research and do not, at any time, exceed for plant design and engineering the amount or balance that may be available in a special "plant engineering revolving fund" maintained in the state treasury by an initial appropriation by the Mississippi Legislature in the amount of two hundred fifty thousand dollars ($250,000.00).