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MS SB2827
Bill
AI Summary
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Creates the "West Mississippi Enterprise Opportunity Zone" encompassing all counties lying wholly or partially west of Interstate 55, with the Mississippi Development Authority authorized to provide loans, grants, and tax incentives to startup businesses with 10 or more employees.
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Amends teacher recruitment and retention provisions to provide new teachers in critical shortage areas a $2,000 signing bonus and reasonable housing allowance if they commit to 5 years of service, extending the program's repeal date from July 1, 2020 to July 1, 2024.
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Directs the Mississippi Community College Board to collaborate with Coahoma Community College, Mississippi Delta Community College, Hinds Community College, and Copiah-Lincoln Community College to implement workforce training initiatives at each institution.
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Authorizes issuance of up to $20 million in state general obligation bonds to establish the "2020 West Mississippi Science, Technology, Engineering and Mathematics (STEM) University Program Fund," with equal disbursements to Jackson State University, Alcorn State University, Mississippi Valley State University, and Delta State University.
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Takes effect July 1, 2020, with bond issuance authority expiring July 1, 2024.
Legislative Description
Delta Incentives for Community and Economic Development Act; create.
Last Action
Died In Committee
3/3/2020