House Bill 1076 Summary

• Revises county application procedures for Growth and Prosperity Act certificates to specify whether counties seek tax exemptions, regulatory incentives, or both, with option to apply later for additional benefits.

• Expands incentives available to approved business enterprises to include relief from zoning, planning, building codes, water/wastewater systems, parking, sidewalk, dock, and water management regulations through local board approval for up to 10 years or until December 31, 2029.

• Brings forward multiple sections of Mississippi Code relating to zoning, building codes, solid waste disposal, water systems, municipal infrastructure, and flood control for potential amendment during the 2017 legislative session.

• Prohibits businesses that relocate from other Mississippi counties from receiving tax exemptions or incentives under the Growth and Prosperity Program.

• Terminates new tax exemptions and incentives for a county if its unemployment rate falls below 150% of state rate for three consecutive years and poverty level falls below 30%.