MS HB1501 | 2025 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Engrossed on February 12 2025 - 50% progression
Action: 2025-02-17 - Referred To Economic and Workforce Development
Pending: Senate Economic and Workforce Development Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

An Act To Amend Section 17-25-27, Mississippi Code Of 1972, To Revise The Definition Of An Economic Development Project To Also Include Qualified Projects, As Defined In The Mississippi Flexible Tax Incentive Act; And To Authorize A Board Of Supervisors Of A County And/or The Governing Authority Of A Municipality To Enter Into An Agreement With A Qualified Business Enterprise To, Either Individually Or Cooperatively, Fund Or Reimburse The Qualified Business Enterprise For Certain Qualified Project Costs Incurred In Connection With A Qualified Development Or Redevelopment Project Solely Using Revenues Derived From The Project; And For Related Purposes.

Tracking Information

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Title

Economic development project; revise certain definition of and allow counties and municipalities to enter into agreement with qualified business enterprises.

Sponsors


Roll Calls

2025-02-12 - House - House Passed (Y: 114 N: 0 NV: 6 Abs: 0) [PASS]

History

DateChamberAction
2025-02-17SenateReferred To Economic and Workforce Development
2025-02-13HouseTransmitted To Senate
2025-02-12HousePassed
2025-02-04HouseTitle Suff Do Pass
2025-01-20HouseReferred To Ways and Means

Code Citations

ChapterArticleSectionCitation TypeStatute Text
172527Amended CodeSee Bill Text

Mississippi State Sources


Bill Comments

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