reglab/statecodes huggingface dataset:
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-17 - Rulemaking authority of board; employment of professionals; annual reports; recordkeeping

(1)
The board may prescribe such application forms and promulgate such guidelines, rules and regulations as may be necessary to carry out the provisions of this chapter with respect to loan and grant conditions and criteria for evaluation of the economic benefit of proposed loans and grants and for determining and evaluating compliance with all the criteria established in this chapter.
(2)
The board is authorized to engage legal services, financial advisors, appraisers and consultants, if needed, to review and close loans or grants made pursuant to this chapter. The cost of such professionals shall be paid by the borrower or from bond proceeds as determined and approved by the board.
(3)
On or before February 1, 1987, and on or before February 1 in each succeeding year in which loans are outstanding, the board shall provide the Legislature with a report on its activities for the preceding calendar year. The report shall contain, at a minimum, the following information:
(a)
A list of the approved projects including the municipality, name of private company or governmental unit, cost of each project, amount of private investment, projected number of new jobs, location of each project, date of submission of the application by the local sponsor, type of project and estimated completion date of each project.
(b)
A list of applications not approved.
(c)
A list of pending applications.
(d)
A list of projects where job projections are not being met or the project is not being completed and the penalty being applied or the reason a penalty is not being applied.
(e)
Estimates of state and local tax revenue increases caused directly by projects.
(f)
A list of projects approved or completed in years prior to the preceding year.
(g)
Guidelines issued for the Business Investment Program.
(h)
An overall statement of the progress of the program during the preceding year, along with recommendations for improvements.
(4)
The board shall accumulate from the municipalities having approved projects the following data on an annual and cumulative basis:
(a)
The number of jobs actually created by these projects.
(b)
Estimated increased tax revenue caused by the projects.
Laws, 1986, ch. 419, § 9; Laws, 1992, ch. 461, § 8, eff. 5/5/1992.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-19 - Certification of nondiscrimination as condition to loan

No loan shall be made to a municipality under this chapter unless the municipality certifies to the department, in a form satisfactory to the department, that it shall not discriminate against any employee or against any applicant for employment because of race, religion, color, national origin, sex or age.
Laws, 1986, ch. 419, § 10, eff. 3/31/1986.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-21 - Creation of Mississippi Business Investment Fund and Mississippi Business Investment Sinking Fund; deposits and expenditures

(1)
There is hereby created a special fund in the State Treasury to be known as the Mississippi Business Investment Fund dedicated to the purpose of providing grants and/or loans to municipalities for the purpose of providing for improvements authorized by this chapter. All monies received by the board to carry out the purposes of this chapter, by legislative appropriation, issuance of bonds or otherwise, shall be deposited into the Mississippi Business Investment Fund. Expenditures authorized herein shall be paid by the State Treasurer upon warrants drawn from the Mississippi Business Investment Fund, and the State Auditor, or his successor to such duties, shall issue warrants upon requisitions signed by the Chairman or Executive Director of the Mississippi Development Authority.
(2)
Any monies repaid to the state from loans funded through the Mississippi Business Investment Fund shall be deposited into the Mississippi Business Investment Sinking Fund, which is hereby created in the State Treasury. Funds required in excess of the amounts available in the Mississippi Business Investment Sinking Fund to retire bonds issued pursuant to this chapter shall be appropriated from the State General Fund.
(3)
Monies in the fund which are derived from the proceeds of general obligation bonds or provided by the Legislature may be used to reimburse reasonable actual and necessary costs incurred by the MDA for the administration of the various grant, loan and financial incentive programs administered by the MDA. An accounting of actual costs incurred for which reimbursement is sought shall be maintained by the MDA. Reimbursement of reasonable actual and necessary costs shall not exceed three percent (3%) of the proceeds of bonds issued or the monies provided by the Legislature.
Laws, 1986, ch. 419, § 11, eff. 3/31/1986.
Amended by Laws, 2023, ch. 545, HB 1089,§ 8, eff. 4/21/2023.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-27 - Sale of bonds; issuance of temporary bonds; investment of bond proceeds; registration of bonds; payment of costs and expenses

(1)
Whenever bonds are issued, they shall be sold by the seller at a competitive or negotiated sale, from time to time, in such manner and at such price as may be determined by the seller to be most advantageous.
(2)
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.
(3)
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.
(4)
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 Business Investment Sinking Fund.
(5)
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.
(6)
All costs and expenses in connection with the issue of and sale and registration of the bonds and notes in connection with this chapter may be paid from the proceeds of bonds and notes issued under this chapter.
(7)
The seller may provide in the resolution authorizing the issuance of such bonds the employment of one or more persons or firms to assist in the sale of the bonds; to enter into contracts for banks or trust companies located either within or without the State of Mississippi to act as registrars, paying agents, transfer agents or otherwise, for rating of the bonds, and to purchase insurance.
Laws, 1986, ch. 419, § 14; Laws, 1991, ch. 397 § 1; Laws, 1992, ch. 548 § 6; Laws, 2010, ch. 533, § 28, eff. 4/16/2010.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-31 - Disposition of proceeds from bond sales and other funds

(1)
The proceeds realized from the sale of bonds and notes under this chapter, other than refunding bonds and replacement notes, shall be paid to the State Treasurer and deposited into the Mississippi Business Investment Fund and specifically dedicated to the purposes enumerated in this chapter.
(2)
All nonfederal funds which may become available for the purposes of this chapter shall be deposited in the Mississippi Business Investment Fund and shall be allocated for the purposes of this chapter.
(3)
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.
Laws, 1986, ch. 419, § 16, eff. 3/31/1986.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-32 - Funds to defray costs of state's share in constructing the Bob Tyler Fish Hatchery

(1)
Notwithstanding any provision of this chapter to the contrary, the Commission on Wildlife, Fisheries and Parks shall certify to the department the amount of money necessary to defray the cost of the state's share in constructing the Bob Tyler Fish Hatchery that is located in North Mississippi, which amount shall not be more than Four Million Dollars ($4,000,000.00); and the department shall, if funds have not otherwise been made available, provide a grant for such amount out of the proceeds of bonds issued under this chapter. Of the funds provided hereunder, any amounts not expended on the fish hatchery shall be remitted to the department for deposit into the Mississippi Business Investment Sinking Fund.
The private match requirements of Section
57-61-9(2)(d)
, Mississippi Code of 1972, shall not apply to any loan or grant made under this section.
(2)
[Repealed]
Laws, 1989, ch. 523, § 9; Laws, 1994, ch. 519, § 1; Laws, 1996, ch. 368, § 1; Laws, 1998, ch. 351, § 1; Laws, 2000, ch. 350, § 1; Laws, 2001, ch. 404, § 1, eff. 7/1/2001.
Amended by Laws, 2023, ch. 471, HB 923,§ 2, eff. 7/1/2023.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-33 - Grant for completion of Technology Transfer Center at National Space Technology Laboratory

Notwithstanding any provision of this chapter to the contrary, the Bureau of Building, Grounds and Real Property Management of the Governor's Office of General Services shall certify to the Board of Economic Development the amount of money necessary to complete the construction, furnishing and equipping of the Technology Transfer Center at the National Space Technology Laboratory site in Hancock County, which amount shall not be more than Three Million Two Hundred Thousand Dollars ($3,200,000.00), and the board shall if funds have not otherwise been made available provide a grant to the bureau for such amount out of the proceeds of bonds authorized to be issued under this chapter. Any funds remaining unexpended upon completion of such project shall be deposited in the Mississippi Business Investment Sinking Fund.
Laws, 1986, ch. 419, § 17, eff. 3/31/1986.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-34 - Loans for business incubation centers

(1)
Notwithstanding any provision of this chapter to the contrary, the Mississippi Development Authority shall utilize not more than Sixteen Million Dollars ($16,000,000.00) out of the proceeds of bonds authorized to be issued in this chapter to be made available as interest-bearing loans to municipalities or private companies to aid in the establishment of business incubation centers and the creation of new and expanding research and development and technology-based business and industry. In making loans under this section, the Mississippi Development Authority shall attempt to provide for an equitable distribution of such loans among each of the congressional districts of this state in order to promote economic development across the entire state.
(2)
The Mississippi Development Authority shall require that any private company receiving a loan under subsection (1) of this section enter into a binding commitment to meet the following minimum obligations, in return for obtaining a loan derived from the proceeds of any bonds issued under this section after July 1, 2005:
(a)
The private company shall create a certain minimum number of jobs over a certain period of time, as determined by the authority, and such jobs must be held by persons eligible for employment in the United States under applicable state and federal law;
(b)
The private company shall invest, over a certain period of time, a certain minimum amount of capital within the state, as determined by the authority; and
(c)
The private company must meet such other requirements as the Mississippi Development Authority considers proper.
If the private company fails to satisfy any commitment under this subsection, then the company must repay an amount equal to all or a portion of the funds loaned by the state under this subsection, as determined by the Mississippi Development Authority.
(3)
In exercising the power given it under this section, the Mississippi Development Authority shall work in conjunction with the University Research Center and may contract with the center to provide space and assistance to business incubation centers as the center is authorized to do pursuant to Section
57-13-13
.
(4)
The requirements of Section
57-61-9
shall not apply to any loan made under this section. The Mississippi Development Authority shall establish criteria and guidelines to govern loans made pursuant to this section.
Laws, 1988, ch. 569, § 1; Laws, 1989, ch. 523, § 10; Laws, 1990, ch. 570, § 9; Laws, 1991, ch. 584, § 2; Laws, 1998, ch. 559, § 2; Laws, 2002, ch. 541, § 2; Laws, 2003, ch. 502, § 2; Laws, 2005, 3rd Ex Sess, ch. 1, § 36, eff. 7/1/2005.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-35 - Representation of seller by Attorney General; payment of administrative, legal, and other expenses

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 herein provided for, and the seller is hereby authorized and empowered to expend from the proceeds derived from the sale of the bonds authorized hereunder all necessary administrative, legal and other expenses incidental and related to the issuance of bonds authorized under this chapter.
Laws, 1986, ch. 419, § 18; Laws, 2012, ch. 546, § 24, eff. 7/1/2012.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-39 - [Repealed]

Repealed by Laws, 1994, ch. 560, § 5, eff. 4/5/1994.
Laws, 1992, ch. 461, § 6.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-41 - Port Revitalization Revolving Loan Fund

(1)
Notwithstanding any provision of this chapter to the contrary, the Mississippi Development Authority shall utilize not more than Twelve Million Dollars ($12,000,000.00) out of the proceeds of bonds authorized to be issued in this chapter to be made available to state, county or municipal port and airport authorities through a Port Revitalization Revolving Loan Fund for the purpose of making loans to port authorities for the improvement of port and airport facilities to promote commerce and economic growth. Proceeds shall not be made available to provide any facilities for utilization by a gaming vessel.
(2)
In exercising its authority, the Mississippi Development Authority shall work in conjunction with the Water Resources Council to establish criteria and guidelines to govern loans made pursuant to this section.
(3)
The Mississippi Development Authority may, on a case-by-case basis, renegotiate the payment of principal and interest on loans made under this section to state, county and municipal port and airport authorities located in the six (6) most southern counties of the state covered by the Presidential Declaration of Major Disaster for the State of Mississippi (FEMA-1604-DR) dated August 29, 2005; however, the interest on the loans shall not be forgiven for a period of more than twenty-four (24) months and the maturity of the loans shall not be extended for a period of more than forty-eight (48) months.
Laws, 1992, ch. 461, § 7; Laws, 1993, ch. 548, § 6; Laws, 1995, ch. 548, § 7; Laws, 1996, ch. 553, § 3; Laws, 2003, ch. 502, § 4; Laws, 2006, ch. 545, § 8, eff. 4/18/2006.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-42 - [Repealed]

Laws, 1998, ch. 559, § 4; Laws, 2002, ch. 541, § 5, eff. 3/20/2002.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-43 - Small Farm Loan Program at Alcorn State University

Notwithstanding any provision of this chapter to the contrary, the Department of Economic and Community Development shall utilize not more than One Million Five Hundred Thousand Dollars ($1,500,000.00) out of the proceeds of bonds issued in this chapter to provide a grant to provide funds for the Small Farm Loan Program at Alcorn State University.
The requirements of Section
57-61-9
, Mississippi Code of 1972, shall not apply to the grant made under this section.
Laws, 1998, ch. 559, § 5, eff. 7/2/1998.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 61 - MISSISSIPPI BUSINESS INVESTMENT ACT (§§ 57-61-1 — 57-61-44) › Section 57-61-44 - Mississippi Industries for the Blind

Notwithstanding any provision of this chapter to the contrary, the Department of Economic and Community Development may deposit not more than Seven Hundred Fifty Thousand Dollars ($750,000.00) out of the proceeds of bonds issued in this chapter into the revolving fund created in Section
43-3-103
, Mississippi Code of 1972, for use by the Mississippi Industries for the Blind.
Laws, 1998, ch. 559, § 6, eff. 7/2/1998.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 62 - MISSISSIPPI ADVANTAGE JOBS ACT (§§ 57-62-1 — 57-62-17) › Section 57-62-1 - Short title

This chapter shall be known and may be cited as the "Mississippi Advantage Jobs Act."
Laws, 2000, 2nd Ex Sess, ch. 1, § 24, eff. 8/30/2000.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 62 - MISSISSIPPI ADVANTAGE JOBS ACT (§§ 57-62-1 — 57-62-17) › Section 57-62-3 - Legislative intent

It is the intent of the Legislature that:
(a)
The State of Mississippi provide appropriate incentives to support the establishment of quality business and industry that hold the promise of significant development of the economy of the State of Mississippi through the creation of quality jobs;
(b)
The amount of incentives provided under this chapter in connection with a particular establishment shall be directly related to the jobs created as a result of the establishment locating in the State of Mississippi;
(c)
The Mississippi Development Authority and the Department of Revenue shall implement the provisions of this chapter and exercise all powers as authorized in this chapter; however, the application of this chapter or the offering of any of its incentives as to any particular qualified business or industry shall be in the sole discretion of the Mississippi Development Authority. The exercise of powers conferred by this chapter shall be deemed and held to be the performance of essential public purposes; and
(d)
Nothing in this chapter shall be construed to constitute a guarantee or assumption by the State of Mississippi of any debt of any individual, company, corporation or association nor to authorize the credit of the State of Mississippi to be given, pledged or loaned to any individual, company, corporation or association. Also, nothing in this chapter gives any right to any qualified business or industry to the incentives contained herein unless said incentive is given by the Mississippi Development Authority pursuant to this chapter.
Laws, 2000, 2nd Ex Sess, ch. 1, § 25; Laws, 2010, ch. 533, § 31, eff. 4/16/2010.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 62 - MISSISSIPPI ADVANTAGE JOBS ACT (§§ 57-62-1 — 57-62-17) › Section 57-62-7 - Mississippi Development Authority to determine if establishment engaged in qualified business or industry

The MDA shall determine, upon initial application on a form approved by the MDA, if an establishment is engaged in a qualified business or industry.
Laws, 2000, 2nd Ex Sess, ch. 1, § 27, eff. 8/30/2000.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 62 - MISSISSIPPI ADVANTAGE JOBS ACT (§§ 57-62-1 — 57-62-17) › Section 57-62-11 - Mississippi Advantage Jobs Incentive Payment Fund; creation; purpose; administration

(1)
There is created in the State Treasury a special fund to be known as the Mississippi Advantage Jobs Incentive Payment Fund, into which shall be deposited withholding tax revenue required to be deposited into such fund pursuant to Section
27-7-312
and any other monies designated for deposit therein. The money in the fund shall be used for the purpose of making the incentive payments and grants authorized under this chapter.
(2)
The Mississippi Advantage Jobs Incentive Payment Fund shall be administered by the Department of Revenue, and monies in the fund, less three percent (3%) to be retained by the Department of Revenue to pay the reasonable and necessary expenses of the Department of Revenue in administering its duties under this chapter, shall be expended pursuant to the approved application. Amounts in the fund at the end of any fiscal year that are not necessary to make future incentive payments and grants shall be paid into the General Fund.
(3)
The liability of the State of Mississippi to make the incentive payments and grants authorized under this chapter shall be limited to the balance contained in the fund.
Laws, 2000, 2nd Ex Sess, ch. 1, § 29; Laws, 2010, ch. 533, § 34, eff. 4/16/2010.
Amended by Laws, 2022, ch. 462, SB 2159,§ 21, eff. 7/1/2022.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 62 - MISSISSIPPI ADVANTAGE JOBS ACT (§§ 57-62-1 — 57-62-17) › Section 57-62-15 - Promulgation of rules and regulations

The MDA and the Department of Revenue shall promulgate rules and regulations, in accordance with the Mississippi Administrative Procedures Law, and all application forms and other forms necessary to implement their respective duties and responsibilities under the provisions of this chapter.
Laws, 2000, 2nd Ex Sess, ch. 1, § 31; Laws, 2010, ch. 533, § 36, eff. 4/16/2010.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 62 - MISSISSIPPI ADVANTAGE JOBS ACT (§§ 57-62-1 — 57-62-17) › Section 57-62-17 - Annual report

The MDA shall prepare a report on the program pursuant to Section
57-1-12
.
Laws, 2000, 2nd Ex Sess, ch. 1, § 32, eff. 8/30/2000.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-1 - Short title

This chapter may be cited as the "Statewide Economic Development and Planning Act of 1987."
Laws, 1987, ch. 484, § 1, eff. 4/15/1987.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-3 - Legislative findings and declarations

(1)
The Legislature finds that the prospective well-being of the people of the State of Mississippi requires that the economic development of the state should be strategically, comprehensively and exhaustively planned and that the plan be reviewed and continuously updated and systematically implemented. The Legislature further finds that the state should foster open communication between government and the private sectors of our economy and that the state should provide a policy, a vision and a framework to encourage an environment conducive to entrepreneurship and rapid development in the State of Mississippi.
(2)
The Legislature hereby declares that the public policy of this state requires an overall, comprehensive and coordinated plan for maximum and accelerated economic development of the state. It is the express intent of the Legislature that such plan be developed and maintained with annual revisions as required.
(3)
There is hereby established within the University Research Center a Bureau for Comprehensive Long Range Economic Development Planning. The bureau shall be responsible for preparing and maintaining with appropriate annual updates a long range plan for the economic development of the state. The plan shall be sufficiently broad in scope so as to address all state, national and international economic, finance and demographic, natural resource and infrastructure factors relating to the overall status and economic development of the state.
Laws, 1987, ch. 484, § 2; Laws, 1988, ch. 518, § 73, eff. 7/1/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-5 - and 57-63-7 - [Repealed]

Repealed by Laws, 1988, ch. 518, § 95, eff. 7/1/1988.
§ 57-63-5. [Laws, 1987, ch. 484, § 3] § 57-63-7. [Laws, 1987, ch. 484, § 4]
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-9 - Status reports from Bureau of Economic Development Planning

In an effort to facilitate continuing and future legislative support for long range economic development planning, the Bureau for Economic Development Planning shall present status reports on its work, as it relates to the purpose and requirements of this chapter, to the Joint Legislative Budget Committee, thereby having an opportunity to interact with legislative leaders and maintain and foster communication and cooperation between all parties. The Director of the Joint Legislative Budget Committee shall coordinate the scheduling of said reports and may specify selected topics for presentation to the Joint Legislative Budget Committee. Such reports shall begin with the month of July 1987; and there shall be a minimum of three (3) reports to the committee in each fiscal year. The Director of the Joint Legislative Budget Committee may require such reports to be made orally and/or in writing to regular meetings of the Joint Legislative Budget Committee.
Laws, 1987, ch. 484, § 5; Laws, 1988, ch. 518, § 74, eff. 7/1/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-11 - Special task force for economic development planning created; composition; appointment of members; organization

(1)
The Special Task Force for Economic Development Planning, to consist of not more than twenty-three (23) members, is hereby created. The task force shall be composed of:
(a)
One (1) member from the state's public universities and one (1) member from the state's junior colleges. These members shall be selected by the Governor.
(b)
One (1) member from the membership or staffs of each of the following organizations: Mississippi Association of Supervisors, Mississippi Municipal Association, Mississippi Association of Planning and Development Districts, and the Mississippi Industrial Development Council. These members will be appointed to the task force by the Governor from recommendations made to the board by the respective organizations.
(c)
The President of the Mississippi Economic Council.
(d)
The State Superintendent of Education.
(e)
The State Treasurer.
(f)
The Executive Officer of the State Board of Health.
(g)
The Director of the State Highway Department.
(h)
The Governor's Special Assistant for Economic Development.
(i)
The Executive Director of the Department of Economic Development or his designee.
(j)
Two (2) members from federal agencies to be appointed by the Governor.
(k)
Eight (8) members to be selected by the Governor as follows: Six (6) members shall be representatives of business and/or professional enterprises in Mississippi; two (2) of the eight (8) members may be representative of business or professional enterprises residing outside Mississippi and may include foreign nationals.
(2)
It is the intent of the Legislature that the task force will be organized, selected and constituted in such a way that it represents the most talented individuals that could possibly be assembled to address the economic development concerns and issues of this state. Task Force members shall be appointed by July 1, 1987, and the Task Force shall have its organizational meeting no later than August 1, 1987. The Governor shall designate from the task force membership a task force chairman. Terms of service of task force members shall coincide with the remaining term of the Governor who makes the appointment.
Laws, 1987, ch. 484, § 6; Laws, 1988, ch. 518, § 75, eff. 5/16/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-13 - Qualifications of members of task force; vacancies; support staff; coordination and organization of work

All persons selected for service on the task force shall be creative, knowledgeable and accomplished people with the capacity to contribute to the mission of the task force. Task force members shall be selected by the Governor without regard for race, age or sex. Vacancies on the task force shall be filled by the Governor in a manner consistent with original appointments.
The University Research Center through the Bureau for Comprehensive Long Range Economic Development Planning shall provide staff support, including the task force coordinator, to the task force and shall organize and coordinate the work of the task force and may designate subgroups of task force members to assigned or selected areas of interest.
Laws, 1987, ch. 484, § 7; Laws, 1988, ch. 518, § 76, eff. 5/16/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-15 - Task force office

The Governor's Office of General Services shall make available office space for the special task force to include conference room facilities.
Laws, 1987, ch. 484, § 8, eff. 4/15/1987.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-17 - Mission and role of task force; budget

(1)
The mission and role of the special task force shall be to function as an independent research and analytical group charged with assisting the University Research Center in setting measurable, achievable and significant state economic development goals. The task force shall make recommendations regarding such goals and present findings and detailed recommendations which will enable the state to achieve the stated goals. Recommendations of the task force shall be specific to the extent that actions needed are explicitly set out and supported with in-depth analyses as to the contributions such actions would have on the total development of the state. All such recommendations shall be accompanied by specific recommendations with respect to allocation of resources, including any additional funding necessary to fund all economic development activities.
(2)
The task force may adopt a budget for its operations and, subject to approval of such budget by the University Research Center, the center may contract with the task force to defray expenses of the task force.
Laws, 1987, ch. 484, § 9; Laws, 1988, ch. 518, § 77, eff. 5/16/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-19 - State economic development action plan (SDAP)

With research and recommendations prepared by the task force, the Bureau of Comprehensive Long Range Economic Development Planning of the University Research Center shall prepare a long range state economic development action plan which shall consist of six (6) parts as provided in Sections
57-63-21
through
57-63-31
and which shall be revised and updated annually by the bureau.
Laws, 1987, ch. 484, § 10; Laws, 1988, ch. 518, § 78, eff. 7/1/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-21 - Contents of SDAP; Part I

Part I of the economic development plan will identify specific, quantifiable state economic development goals to be accomplished in the next succeeding five (5), ten (10) and twenty (20) year periods. Prior to adopting the goals required for Part I of the plan, one (1) public hearing shall be held in each Planning and Development District (PDD) in coordination with the Director of each PDD and the Department of Economic Development to receive public input on the goal setting process and deliberations pertaining thereto.
The goals adopted by the Bureau of Long Range Planning shall be reasonable, challenging, achievable and shall be expressed in measures of economic and educational achievement that would represent measurable, comparative and significant economic progress for the state.
Laws, 1987, ch. 484, § 11; Laws, 1988, ch. 518, § 79, eff. 7/1/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-23 - Contents of SDAP; Part II

Part II of the economic development plan shall include:
(a)
An inventory and analysis of the state's competitive advantages and an inventory and analysis of factors which tend to retard economic development in Mississippi;
(b)
Identification and analysis of state, national and international economic trends affecting Mississippi's economic development;
(c)
An analysis and evaluation of the state's taxing effort as it affects the state's economic development efforts and an analysis of how economic development goals and objectives relate to projected short and long-term state and local revenues and to the possible and potential impact on the revenue structure;
(d)
An identification and analysis of key factors affecting economic development in the state;
(e)
An identification and analysis of factors affecting industrial location and decisions affecting expansion of existing business and industry within the state;
(f)
An analysis of the state's incentive programs and economic development strategies and a comparison with other states;
(g)
An analysis of the state's work force and of the economic conditions that work force will face in future years;
(h)
An analysis of and assessment of the minority business and commercial activity, capability, potential and needs in the state;
(i)
An analysis of and assessment of the state income by various income groups to provide the analytical base for developing programs and recommendations to address low income high unemployment problems in the state as required by Section
57-63-27
;
(j)
An analysis and assessment of programs in other states and in the federal government which seek to foster, encourage and assist minority involvement in and contributions toward state economic development. The programs to be assessed shall include but not be limited to set aside procurement programs.
Laws, 1987, ch. 484, § 12; Laws, 1988, ch. 518, § 80, eff. 7/1/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-25 - Contents of SDAP; Part III

Part III of the economic development plan shall provide a procedure for monitoring the implementation of the state's economic development efforts. In formulating this procedure, the University Research Center will survey, identify and analyze every government program and private resource and activity that is available to, that is being applied toward, or that contributes to the accomplishment of the goals set in the long range plan. The resources and economic development activities (programs) of state government, local government, federal government and private business shall be identified and analyzed to determine the specific areas in which they contribute to achievement of the overall goals.
The planning and development districts shall be utilized fully in determining the goals established herein and shall be the primary source of information and evaluation as to local and regional economic priorities as well as the identification and reporting of local governments and local and regional private business resources available for the accomplishment of such goals.
Each agency and institution of state government involved in economic development, including the Institute for Technology Development and the state universities and junior colleges, is hereby directed to prepare and submit to the Department of Economic Development, the University Research Center and the Legislative Budget Committee work programs covering their economic development activities. The University Research Center shall specify a uniform format for agencies to follow in preparing their work programs. These work programs shall cover in general the next five (5) years of the plan and, in significant detail, the upcoming fiscal year. With each annual work program for the upcoming fiscal year, each agency shall make a full report on accomplishments of its previous year's work program. Work programs shall be submitted by August 15, 1987, for fiscal year 1988 by those agencies identified by the Department of Economic Development as being required to submit work programs in accordance with this chapter. Work programs submitted August 15, 1987, shall report on accomplishments of the prior fiscal year's work in economic development activities. The work program for fiscal year 1989, and for succeeding years, shall be submitted on June 1 prior to the beginning of the ensuing fiscal year. The state long range plan shall require copies of the overall economic development plans from each of the ten (10) planning and development districts to be submitted annually to the University Research Center along with annual work programs and details of accomplishments of the prior fiscal year's work program. These materials shall be incorporated by reference in Part III of the plan.
Laws, 1987, ch. 484, § 13; Laws, 1988, ch. 518, § 81, eff. 7/1/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-27 - Contents of SDAP; Part IV

Part IV of the economic development plan shall be an analysis and evaluation of materials in Parts II and III of the plan. This phase of the plan shall also make an overall evaluation of the relative contributions that the resources and efforts identified in Part III are making toward achievement of the overall state economic development goals. This phase of the plan shall contain specific recommendations for inclusion in the state's overall economic development efforts (among other things) (a) specific programs for accelerating overall economic development through greater results from the state's agricultural resources; (b) specific programs for rural areas of the state and those areas and identifiable groups of people with the highest unemployment and lowest per capita incomes; (c) specific programs for international trade and the attraction of foreign investment through development of specialized, university-based or other programs; (d) the specific niches that Mississippi has and on which it should focus development efforts and/or those niches the state should seek to develop; (e) the scope and role of each university and junior college with respect to economic development efforts of each institution; and (f) specific minority enterprise assistance and development programs that would be needed and recommended as a result of the analyses required by Section
57-63-23
.
This phase of the plan shall also evaluate the organization and structure of state economic development agencies and the assignment of functions and responsibilities for economic development among state agencies and institutions.
Laws, 1987, ch. 484, § 14; Laws, 1988, ch. 518, § 82, eff. 7/1/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-29 - Contents of SDAP; Part V

(1)
Part V of the economic development plan shall consist of recommendations. Such recommendations shall be based on Part IV of the plan and shall seek to improve in every possible and feasible manner the coordination and implementation of all activities and programs to be outlined and identified as required in Part III of the plan.
(2)
The plan shall make recommendations regarding new initiatives and new programs and the alteration or expansion of existing programs as deemed necessary to achieve the goals established. Such recommendations shall state specifically what is to be done, who is to do it and how it is to be done and shall also set out the cost-benefits of each recommendation.
(3)
The University Research Center, in consultation with the task force and the Department of Economic Development shall develop a legislative package containing statutory actions required to implement the programs and recommendations necessary to achieve the goals established in the state long range plan for economic development. The legislative package shall be prepared and presented in bill format.
Laws, 1987, ch. 484, § 15; Laws, 1988, ch. 518, § 83, eff. 7/1/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-31 - [Repealed]

Repealed by Laws, 1988, ch. 518, § 95, eff. 7/1/1988.
Laws, 1987, ch. 484, § 16.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-33 - Annual revisions of SDAP; presentation to Legislature

The University Research Center shall present the annual revisions of the plan to the Joint Legislative Budget Committee prior to the annual budget hearings and discuss with the joint committee Parts III, IV and V. The presentation shall review the established goals and report and assess progress for the current reporting period of achieving official goals and make recommendations for any program changes that might be needed. Additional reports shall be made to the Joint Legislative Budget Committee as requested and as required by Section
57-63-9
. Copies of the plan shall also be presented to the Department of Economic Development, the planning and development districts, and other appropriate agencies and organizations.
Laws, 1987, ch. 484, § 17; Laws, 1988, ch. 518, § 84, eff. 7/1/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-35 - Annual request for summary of development efforts of local governments

The University Research Center shall annually request of the Mississippi Municipal Association and the Mississippi Association of Supervisors a summary of development efforts of local governments that relate to the overall state plan and which contribute to the accomplishment of the goals set by the plan.
Laws, 1987, ch. 484, § 18; Laws, 1988, ch. 518, § 85, eff. 7/1/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 63 - STATEWIDE ECONOMIC DEVELOPMENT AND PLANNING ACT (§§ 57-63-1 — 57-63-37) › Section 57-63-37 - Completion date for first annual SDAP; date for presentation of SDAP to Legislature; dates for presentation of preliminary reports to Legislature

The first annual economic development plan shall be completed no later than December 1, 1988. The Department of Economic Development with assistance of the University Research Center shall present the first annual plan to the Governor, the joint Legislative Budget Committee and to the Legislature by January 1989. A preliminary report on the status of the plan shall be made to the Joint Legislative Budget Committee in November 1987 and in July 1988.
Laws, 1987, ch. 484, § 19; Laws, 1988, ch. 518, § 86, eff. 7/1/1988.
Mississippi Code 1972 (2023) › Title 57 - PLANNING, RESEARCH AND DEVELOPMENT (§§ 57-NEW-001 — 57-123-55) › Chapter 64 - REGIONAL ECONOMIC DEVELOPMENT (§§ 57-64-1 — 57-64-33) › Section 57-64-1 - Short title

This chapter may be cited as the "Regional Economic Development Act."
Laws, 2000, 2nd Ex Sess, ch. 1, § 5, eff. 8/30/2000.