HB474 Summary

• Reenacts the Mississippi Health Care Industry Zone Act (Sections 57-117-1 through 57-117-9) with nonsubstantive numbering changes and adds explicit exclusion of medical cannabis establishments from the definition of "health care industry facility" and "qualified business"

• Extends the repeal date of the Mississippi Health Care Industry Zone Act from July 1, 2022 to July 1, 2025

• Extends the reverter/repeal dates for related tax incentives to July 1, 2025, including ad valorem tax exemptions (Section 27-31-101), fee-in-lieu of ad valorem taxes for qualified businesses (Section 27-31-104), and sales tax exemptions for health care facility construction and equipment (Section 27-65-101)

• Adds explicit prohibition preventing county boards of supervisors and municipal authorities from entering into fee-in-lieu agreements with medical cannabis establishments

• Corrects section number references in the enabling legislation (Chapter 520, Laws of 2012) subject to repeal, changing from Sections 1-7 to Sections 1-6