MS HB4010

Expands the Mississippi Flexible Tax Incentive Act (mFlex) to include mixed-use development projects as qualifying for state tax incentives, alongside currently eligible enterprises like manufacturing, warehousing, data centers, and headquarters operations.

Mixed-use development formats added to the program include vertical mixed-use projects, horizontal mixed-use campuses, and developments combining residential, retail, office, and hospitality purposes.

Qualifying businesses must still meet existing thresholds: minimum investment of $2,500,000 and/or creation of at least 10 new full-time jobs (minimum 1,820 hours annually per position).

Tax credits under the mFlex program can offset state sales and use taxes, income taxes, franchise taxes, and withholding taxes for certified projects.

Effective date is July 1, 2026.