MS HB1127

Removes the $100,000,000 minimum investment requirement for qualified businesses under the Mississippi Health Care Industry Zone Act, allowing them to qualify for fee-in-lieu of ad valorem taxes based on criteria established by the Mississippi Development Authority instead.

Creates two versions of Section 27-31-104 with different effective dates: one through June 30, 2022 and another from July 1, 2022 onward, with the latter version removing the specific dollar threshold for existing enterprises.

Maintains the $60,000,000 minimum capital investment threshold for new enterprises, private companies, and existing enterprises that have operated for at least 24 months.

Preserves the $100,000,000 minimum investment requirement for private companies in areas with Presidential Disaster Declarations issued on or after January 1, 2014.

Applies the amended investment requirements retroactively to any project with initial capital investment made on or after July 1, 2014.