MS SB2707

Allows business improvement districts to amend their plans during annual meetings with 50% approval from participating property owners, rather than requiring full elections during the ten-year plan period.

Requires districts to hold annual meetings to report activities and provide notice of any proposed plan amendments at least 20 days before the meeting.

Transfers disbursement of collected district funds from the municipality's chief fiscal officer to the tax collector, who must provide property owner payment listings and information on unpaid or sold parcels.

Permits districts to establish their own fiscal year (calendar year or municipal year) and allows disbursement of funds on an agreed scheduled basis rather than being held until a specified time.

Takes effect July 1, 2024.