Mississippi Administrative Code

The proceeds from the issuance of Bonds will be loaned to the Borrower to be applied to the payment of Eligible Costs of the Project. Such loan made by MBFC will not exceed two million dollars ($2,000,000) in the aggregate to any one Borrower, and the term shall not exceed fiftee…

The Mississippi Port Revitalization Revolving Loan Program ("Port Loan Program"), administered by the Mississippi Development Authority ("MDA") is designed for making loans to state, county, or municipal port authorities ("Local Sponsors") for the improvement of port facilities t…

Local Sponsors who fail to meet repayment obligations shall cause all or part of the Local Sponsor's Governing Authority's sales tax allocation and/or homestead exemption reimbursement to be withheld or shall be subject to such other penalties as MDA may prescribe. Notes 6 Miss. …

A Loan Agreement and Promissory Note ("Loan Documents") will be executed between the Local Sponsor, the Governing Authority, and MDA. The Loan Documents are required for disbursement of funds and cannot be executed until all required conditions in these guidelines have been met. …

The State will release loan funds on a reimbursement basis for approved eligible costs of the project as incurred. The Local Sponsor shall certify to MDA during construction that the expenses were incurred and were in accordance with the plans approved by MDA. Funds will be relea…

Loans made under the Port Loan Program are subject to audit by the State Authority of Audit. Notes 6 Miss. Code. R. 1-15.13 Miss. Code Ann. § 57-61-41 (Rev. 2008). Amended 6/3/2021

These guidelines may be amended by MDA at anytime. MDA, in its discretion, may temporarily waive any requirement of the guidelines to the extent that the result of such waiver is to promote the public purpose of the Act and is not prohibited by State Law. Notes 6 Miss. Code. R. 1…

Local Sponsors and/or Project contractors are required to ensure compliance with the Mississippi Employment Protection Act ("MEPA"), Miss. Code. Ann. § 71-11-3 et seq., and must ensure that the Local Sponsor and/or Project contractors register and participate in the status verifi…

Local Sponsors considered to be eligible applicants are state, county, and municipal ports authorized to operate in the State. In order to obtain assistance under the Port Loan Program, a Local Sponsor's governing authority ("Governing Authority") must submit an application to MD…

Projects which are eligible for assistance must be directly related to the port facility and are limited to construction, expansion, improvements, rehabilitation, or repair of: A. Dock and channel sites to include dredging; B. Drainage systems; C. Energy facilities (power generat…

Loan funds may not be used for working capital by the port facility, nor to provide facilities for utilization by a gambling vessel. Notes 6 Miss. Code. R. 1-15.4 Miss. Code Ann. § 57-61-41 (Rev. 2008). Amended 6/3/2021

The application to be submitted by a Local Sponsor must include: A. The purpose of the proposed loan including a list of eligible items and the cost of each; B. The estimated cost of the total project, a description of the Local Sponsor's investment in the project, and all public…

Four (4) copies of the application must be submitted to MDA. MDA will evaluate the application and the Water Resources Council Committee's recommendation to determine if the project meets the program criteria and what terms and conditions the loan should bear. Notes 6 Miss. Code.…

The maximum amount, which may be loaned from Port Loan Funds to finance any one project, is $1,000,000. Port Loan Funds may be used for one hundred percent (100%) project financing. The maximum term will be for up to ten (10) years with an interest rate of one percent (1%) per an…

The principal and interest will be paid on an annual basis and will be used to fund future loans under the Port Loan Program. Notes 6 Miss. Code. R. 1-15.8 Miss. Code Ann. § 57-61-1 (Rev. 2008). Amended 6/3/2021

If applicable, MDA may require a lien on the improvements made at a port for the benefit of a private company. The private company must be willing to grant a lien or to provide collateral (e.g., a letter of credit, corporate or personnel guarantees) in an amount and manner to be …

The Mississippi Motion Picture Incentive Program provides a cash rebate on eligible expenditures, payroll, and fringes. This program is available for nationally distributed motion pictures, television programs, DVDs, documentaries, short films, commercials for network or cable br…

A production must register for a use tax number and a Direct Pay Permit online through the Mississippi Department of Revenue website, www.dor.ms.gov, in order to access the reduced tax rate. All relevant Department of Revenue documents must be completed, submitted to the Departme…

The production company must submit an application to the Mississippi Film Office/Mississippi Development Authority (MDA) Required with the application are: A. The script and a one page synopsis (if a feature/television project), the storyboard (if a commercial) or the treatment (…

The production company name on the application is the name that will be listed on the certificate issued by MDA. The production company name on the application and certificate must match the name to be used on production expenditures, billings, and invoices for those expenses to …

The application must be submitted before the beginning of production for the Mississippi portion of the project. It is suggested the application be submitted to the Mississippi Film Office at least one month prior to the start of pre-production. Notes 6 Miss. Code. R. 1-16.13 Mis…

The Mississippi Film Office and MDA's Financial Resources Division review the application for requisite information and determine whether it meets the program's requirements. Based on submitted budget information, the MDA establishes a maximum rebate figure at this time. The date…

Announcement of Project. Once the production is prepared to publicly announce the project and has its funding in place, the production company must notify the Mississippi Film Office. The production then is placed on the agenda of a public meeting of the MDA Board for official MD…

If any information submitted in the application changes, the production company must notify the Film Office; official MDA approval of a production company for the Mississippi Motion Picture Incentive Program is subject to the representations made by the production company in the …

Any upward revision of the original rebate estimate must be requested in writing to the Mississippi Film Office and submitted prior to the completion of production in Mississippi. A revised budget must be submitted to substantiate the revision. Notes 6 Miss. Code. R. 1-16.17 Miss…

Upon completion of the Mississippi portion of the project, the production company must supply the Mississippi Department of Revenue and the Mississippi Film Office with documentation to substantiate the rebate request. The Department of Revenue will provide sample templates for t…

The Mississippi Department of Revenue will audit the submission in house and will attempt to deliver a first review of the rebate request within 90 days after submission of all required and requested documentation. Notes 6 Miss. Code. R. 1-16.19 Miss. Code Ann. § 57-89-1 et seq. …

There is a $50,000 minimum Mississippi investment (local spend) per project. There is a $10 million per project rebate cap. There is a $20 million annual rebate cap. There is no minimum requirement for production days or percentage of production spend. At least 20% of the product…

In the event the production company fails to pay vendors, employees, or independent contractors in a timely fashion, the audit and review process may be delayed until those issues are resolved. Notes 6 Miss. Code. R. 1-16.20 Miss. Code Ann. § 57-89-1 et seq. (Rev. 2014) Adopted 1…

A. During pre-production, the production must submit to the Mississippi Film Office blank copies of the production's Certificate of Insurance, the Location Agreement, and any talent releases and crew deal memos. Other relevant forms may also be requested. B. No later than a week …

These guidelines may be amended by MDA at any time. MDA, in its discretion, may temporarily waive any requirement of these guidelines to the extent that the result of such waiver is to promote the public purpose of the Act and is not prohibited by State laws. Notes 6 Miss. Code. …

Utilization of the Mississippi Motion Picture Incentive Program must be acknowledged on screen, and a Mississippi Film logo must be included in the end credits. Graphic will be provided. Additionally, cities and/or counties where filming took place must be acknowledged. Notes 6 M…

A. A production is eligible for a 25% rebate of their base investment (local spend) in Mississippi. The base investment is based on production expenditures in Mississippi. As a general rule, Mississippi spend is defined as expenditures made to companies based in Mississippi, incl…

A production is eligible for a 25% cash rebate on payroll and fringes paid to non-resident cast and crew whose wages are subject to Mississippi income tax withholding and for that portion of their salary for the project up to and including $5 million. For purposes of this program…

A production is eligible for a 30% cash rebate on payroll and fringes paid to resident cast and crew whose wages are subject to Mississippi income tax withholding and for that portion of their salary for the project up to and including $5 million. (The employee must live in Missi…

A production is eligible for an additional 5% cash rebate on payroll paid to any member of the cast or crew who is an honorably discharged veteran of the United States Armed Forces. Notes 6 Miss. Code. R. 1-16.7 Miss. Code Ann. § 57-89-1 et seq. (Rev. 2014) Amended 10/19/2016…

Regarding stand-alone post and ADR/voiceover/recording for production not originated in Mississippi: the voiceover talent payroll rebate cannot be more than three (3) times the production spend for the session in Mississippi. (For example, if the total production spend, including…

In addition to the Mississippi Motion Picture Incentive Program, Mississippi offers a sales and use tax reduction on eligible rentals/purchases to encourage film production in the state. Production equipment and machinery used directly in the filming and/or editing of a project m…

The goal of the program is to generate increased travel into and/or within Mississippi, have broad appeal targeting markets beyond the local area and make an economic impact on the area through tourism promotion. Visit Mississippi Tourism Matching Grants Program administered by t…

Approved projects will receive all of the funded amount (up to 50 percent of total eligible costs) after submission and approval of the applicant's final report, which must be submitted to the Visit Mississippi Director of Tourism within one year of the grant award date. All fund…

The following information listed in quotations must be retyped on documents with your letterhead. Fill in the information for your project and include it in your final report. It must: A. Be titled "Invoice for Payment"; B. Include "Contact Name"; C. Include Organization Name" (a…

For more information on the Visit Mississippi Tourism Matching Grants program, please contact: Yvonne Layton at 601-359-2781 or by email at ylayton@mississippi.org Notes 6 Miss. Code. R. 1-17.12 Miss. Code Ann. § 57-1-60, et seq (1972), as amended. Adopted 11/21/2014 Amended 7/9/…

Eligible applicants for funding are Mississippi Convention and Visitors Bureaus or Chambers of Commerce with designated Tourism Council or Commission or established Tourism Councils with the primary objective of promoting tourism. In addition, an applicant organization that recei…

For auditing purposes, we must have an established tourism entity designated as a financial base for the payment of the grant monies. Notes 6 Miss. Code. R. 1-17.3 Miss. Code Ann. § 57-1-60, et seq (1972), as amended. Adopted 11/21/2014 Amended 7/9/2020

Projects eligible for funding consideration include only those directly related to the promotional efforts targeted to markets outside your immediate area (over 100-mile radius or out of state). The following are the only projects eligible and applicable costs after submission an…

The selection process will be carried out by a five-member committee made up of the president (or his designee) of the Mississippi Hotel & Lodging Association, the Mississippi Restaurant Association and the Mississippi Tourism Association, plus two additional members appointed by…

All projects receiving a grant must adhere to the following rules. If any of these rules are not followed, a project will be deemed ineligible for consideration, and the Director of Visit Mississippi will withhold monies to the project. The rules are: A. Display Visit Mississippi…