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MS SB2273

Bill

Status

Passed

3/17/2015

Primary Sponsor

Joey Fillingane

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Removes the December 31, 2012 deadline for county applications for certificates of public convenience and necessity under the Growth and Prosperity Act, allowing counties with unemployment rates at least 200% of the state's unemployment rate to apply indefinitely.

  • Extends the cut-off date for state and local tax exemptions for approved business enterprises in growth and prosperity counties from December 31, 2022 to December 31, 2029.

  • Ratifies and confirms all applications for certificates of public convenience and necessity submitted by counties after December 31, 2012 through the effective date of this act, and any related actions taken by the Mississippi Development Authority.

  • Changes references from "State Tax Commission" to "Department of Revenue" for implementation of tax exemptions under the program.

  • Brings forward Section 57-80-5 containing definitions for terms used in the Growth and Prosperity Act, including "approved business enterprise," "business enterprise," "eligible supervisors district," and "state tax."

Legislative Description

Growth and Prosperity Act; remove application deadline and extend cut-off date for tax exemptions under.

Last Action

Approved by Governor

3/17/2015

Committee Referrals

Ways and Means2/24/2015
Finance1/16/2015

Full Bill Text

No bill text available