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Bill > HB1230
MS HB1230
MS HB1230Mississippi Development Authority; allow businesses located on tribal lands to be eligible for certain discretionary programs.
summary
Introduced
01/18/2021
01/18/2021
In Committee
02/16/2021
02/16/2021
Crossed Over
02/03/2021
02/03/2021
Passed
03/12/2021
03/12/2021
Dead
Signed/Enacted/Adopted
03/17/2021
03/17/2021
Introduced Session
2021 Regular Session
Bill Summary
An Act To Amend Sections 57-1-16, 57-1-221 And 57-93-1, Mississippi Code Of 1972, To Allow Businesses Located On Tribal Lands Within The Geographical Boundary Of Mississippi To Be Eligible For Mississippi Development Authority Discretionary Programs Through The Ace Fund, The Industry Incentive Financing Revolving Fund And The Existing Industry Productivity Loan Fund; And For Related Purposes.
AI Summary
This bill allows businesses located on tribal lands within the geographical boundary of Mississippi to be eligible for Mississippi Development Authority (MDA) discretionary programs through the ACE Fund, the Industry Incentive Financing Revolving Fund, and the Existing Industry Productivity Loan Fund. The bill expands the definitions of "approved business enterprise" and "existing industry" to include businesses located on tribal lands, making them eligible for grants, loans, and other assistance from these MDA programs that were previously limited to businesses located elsewhere in the state.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Approved by Governor (on 03/17/2021)
Official Document
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