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MS SB2210

Bill

Status

Failed

2/1/2022

Primary Sponsor

Joseph Thomas

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Origin

Senate

2022 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 six counties: Humphreys, Madison, Sharkey, Sunflower, Washington, and Yazoo

  • Creates a planning council consisting of the Mississippi Development Authority, Department of Finance and Administration's Office of Surplus Property, Mississippi Association of Cooperatives, county boards of supervisors, and local economic development organizations

  • Provides entrepreneurship support services including shared office space, utilities, equipment, reduced rents, technical and business personnel access, building security, janitorial services, and management assistance

  • Authorizes establishment of one business incubator in each of the six participating counties, with locations determined by the Mississippi Development Authority in consultation with partner entities

  • Grants the Mississippi Development Authority administrative oversight and authority to enter contracts and receive public and private funds for program operation, effective July 1, 2022

Legislative Description

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

Last Action

Died In Committee

2/1/2022

Committee Referrals

Finance1/13/2022

Full Bill Text

No bill text available