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MS SB2200

Bill

Status

Failed

2/2/2021

Primary Sponsor

Joseph Thomas

Click for details

Origin

Senate

2021 Regular Session

AI Summary

  • Establishes the West Central Mississippi Incubator Grant Program under the Mississippi Development Authority to grow new businesses and micro-enterprises in the region

  • Creates a planning council partnership with the Department of Finance and Administration's Office of Surplus Property, Mississippi Association of Cooperatives, county boards of supervisors, and economic development organizations from six counties

  • Provides business development services including shared office space, utilities, equipment, reduced rents, technical and business personnel access, and management assistance

  • Authorizes establishment of one business incubator in each of six counties: Humphreys, Madison, Sharkey, Sunflower, Washington, and Yazoo

  • Mississippi Development Authority will oversee the program and may enter contracts and receive funds from public and private sources for incubator operations

Legislative Description

West Central Mississippi Incubator Grant Program; establish with county governments, DFA and local development districts.

Last Action

Died In Committee

2/2/2021

Committee Referrals

Finance1/8/2021

Full Bill Text

No bill text available