MS SB3189

Adds solar panel manufacturing facilities to the definition of "project" under the Mississippi Major Economic Impact Act, requiring at least $132,000,000 in private investment by December 31, 2015, creation of 500 full-time jobs within five years with minimum average annual compensation of $34,000, and job maintenance for at least 10 years

Authorizes issuance of up to $50,000,000 in state general obligation bonds for solar panel manufacturing projects, with bonds to be issued no later than July 1, 2016

Grants the Mississippi Major Economic Impact Authority power to provide loans up to $50,000,000 to public agencies for construction of publicly owned buildings and equipment acquisition to be leased by solar panel manufacturing enterprises

Exempts contracts for acquisition, purchase, construction, or installation of solar panel manufacturing projects from standard public bidding requirements under Section 31-7-13 if the authority finds it would not be in the public interest and the enterprise concurs

Authorizes counties or municipalities where solar panel projects are located to acquire and contribute project sites, apply for grants and loans for infrastructure, and enter into lease agreements with operating enterprises for terms up to 99 years