Mississippi Administrative Code

An Approved Carrier may apply to MDA for a payment under the Marketing program at the end of each twelve (12) month period (not to exceed two requests in any twenty-four (24) month period). For those Approved Carriers only providing seasonal service, MDA may negotiate a more freq…

State law permit MDA a maximum of forty-five (45) days to make a payment to the Applicant once all documentation and a proper Request for Payment form has been received. House Bill 1074, Regular Session 2016; Miss. Code Ann. § 31-7-305(2)(Rev. 2010) Notes 6 Miss. Code. R. 1-20.69…

MDA and the Applicant will enter into a grant agreement prior to the beginning of the Additional Service or New Service beginning. The Grant Period will be for a term of up to twenty-four (24) months beginning on a date agreed to in the grant agreement. MDA, in its sole discretio…

The only funds available for the Mississippi Air Service Grant Program are those specifically appropriated into the program by the Legislature. As such, there may be limited funds available. MDA reserves the right to use a competitive selection process when making decisions on al…

MDA will evaluate each application based on the completeness of the application and required documentation. MDA reserves the right to reject an application that does not meet the statutory requirements, guidelines, or program goals, or fails to adequately address all requested in…

Priority will be given to those eligible Applicants that can demonstrate the following: A. Commitment to long term service at the eligible Airport B. Positive Return on Investment by generating additional tourism visitors, a growth in local tax and gaming revenue, increasing in p…

Two (2) copies of the application must be submitted to the Financial Resources Division of MDA, Air Service Grant Program, Post Office Box 849, Jackson, Mississippi, 39205, or hand-delivered to the 15th Floor of the Woolfolk Office Building, Jackson, Mississippi. House Bill 1074,…

MDA staff will review the application and supporting material and will make a decision. MDA reserves the right to modify the requested amount House Bill 1074, Regular Session 2016 Notes 6 Miss. Code. R. 1-20.74 Adopted 11/23/2016

Program inquires and applications should be directed to: A. Mississippi Development Authority Financial Resources Division Post Office Box 849 Telephone: (601) 359-2415 ~ Fax: (601) 359-3619 Jackson, Mississippi 39205 House Bill 1074, Regular Session 2016 Notes 6 Miss. Code. R. 1…

These guidelines may be amended by MDA at any time. MDA, in its discretion, may temporarily waive any requirement of the guidelines to the extent that the result of such action is to promote the public purpose of the enacting legislation and is not prohibited by state law. House …

Separate Grant Agreements for Each Eligible Activity. Applicants will be required to enter into a separate grant agreement for each eligible activity they wish to participate in. Applicant may participate in multiple grant activities at the same time, subject to categorical restr…

Amount of Grant Award. The amount of each grant awarded will be based on the Applicant's ability to participate in the project, the degree of need for the air service as determined by the community, the economic impact of the New Service and/or Additional Service on the community…

The Mississippi Ports Improvements Grant Program ("PORTS Program"), administered by the Mississippi Development MDA ("MDA") is designed to assist in paying a portion of the costs associated with the repair, rehabilitation, construction, reconstruction, upgrading and improvement o…

These Rules and Regulations may be amended by MDA at any time. 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…

The Entity 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 Entity and/or Project contractors register and participate in the status verification syst…

Entities considered to be eligible applicants are state, county, and municipal ports authorized to operate in the State. In order to obtain assistance under the Ports Grant Program, an Entity's governing board (the "Governing Board") must submit an application to MDA, which will …

Projects which are eligible for assistance must be directly related to the port facility and are limited to repair, rehabilitation, construction, reconstruction, upgrading and improvement of existing facilities. A. PORTS Program grant funds may not be used for working capital, fo…

To apply for the PORTS Program, a completed application that is submitted by an Entity must include: A. Purpose of the proposed grant including a list of eligible items and the cost of each; B. The estimated cost of the total project, a description of the Applicant's investment i…

The Ports Improvements Fund Advisory Committee shall have a membership consisting of: A. Six (6) directors of ports, appointed by the President of the Mississippi Ports Council, or his or her designee, as follows: 1. Two (2) directors of coastal ports 2. Two (2) directors of inla…

A. The program intent is to stimulate growth and economic development through port infrastructure in the State. B. The amount of each grant awarded will be based on the applicant's ability to participate in the project, the degree of need for the improvements, the lack of availab…

A grant agreement will be executed between the Entity and MDA prior to disbursement of grant funds. Only project costs incurred after execution of the grant agreement will be eligible for reimbursement with grant funds. Notes 6 Miss. Code. R. 1-21.7 Miss. Code Ann. § 57-1-731. Ad…

A. MDA will release PORTS program funds on a reimbursement basis for approved eligible costs of the project as incurred. B. The Entity shall certify to MDA during construction that the expenses were incurred and were in accordance with the plans and application approved by MDA. C…

Grants made under the PORTS Grant Program are subject to audit by MDA and the Office of the State Auditor. Notes 6 Miss. Code. R. 1-21.9 Miss. Code Ann. § 57-1-731. Adopted 6/24/2022

The Mississippi Industry Incentive Financing Revolving Fund ("Industry Incentive Program") is administered by the Mississippi Development Authority ("MDA") and is designed to make grants or loans to local governments including, but not limited to, counties, municipalities, indust…

MDA will provide all documents needed to close the grant upon full approval and presentation of all required information. Notes 6 Miss. Code. R. 1-22.10 Miss. Code Ann. § 57-1-221. Adopted 10/26/2024

The MDA will release loan and grant funds on a reimbursement or services rendered basis for approved eligible costs of the Project as incurred. The Approved business enterprise and/or local government shall certify to MDA that the expenses were incurred and were in accordance wit…

All eligible businesses, required by State law, must be licensed to do business in the State by the Secretary of State's Office. Notes 6 Miss. Code. R. 1-22.12 Miss. Code Ann. § 79-4-15.02; Miss. Code Ann. § 57-1-221. Adopted 10/26/2024

A business is required to ensure compliance with the Mississippi Employment Protection Act ("MEPA"), Miss. Code. Ann. § 71-11-3 et seq., and must ensure that the entity registers and participates in the status verification system for all newly hired employees. Under MEPA, the ter…

Loans and grants made under the Industry Incentive Program are subject to audit by MDA or the Office of the State Auditor. MDA and/or the Office of the State Auditor shall have the right to inspect books, records, plans and other data related to the Project. Notes 6 Miss. Code. R…

The sale, merger, acquisition, reorganization, bankruptcy or relocation from one (1) county to another county within the state of any business enterprise may not create new eligibility in any succeeding business entity. Notes 6 Miss. Code. R. 1-22.15 Miss. Code Ann. § 57-1-221. A…

These Rules and Regulations may be amended by MDA at any time. MDA, in its discretion, may temporarily waive any requirement of these Rules and Regulations 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…

In applying to MDA, the business and/or local government certifies that all documents, instruments and information delivered to MDA by the business and/or local government does not contain any untrue statements of a material fact or omit to state a material fact in light of the c…

To protect the public trust and interest imposed upon the MDA, if it appears that the business and/or its agent's conduct, as determined by MDA, creates a reasonable belief that a particular act or omission that is covered by this policy has occurred, the MDA shall implement such…

(1) "Approved business enterprise" means any Project that: (a) Locates or expands in this state, including any federal Indian reservation located within the geographical boundary of this state, and creates a minimum of two hundred fifty (250) new, full-time jobs with a total capi…

To be eligible, a business must qualify as an approved business enterprise to receive assistance under the Industry Incentive Program. An Approved Business Enterprise means any Project that: (a) Locates or expands in this state, including any federal Indian reservation located wi…

Eligible companies may utilize the Industry Incentive Program for the following Projects: (a) Facilities to provide portable and industrial water supply systems, sewage and waste disposal systems and water, natural gas, and electric transmission systems to the site of the Project…

Contracts, by local governments, including, but not limited to, design and construction contracts, for the acquisition, purchase, construction or installation of a Project may be exempt from the bidding requirement provisions of Miss. Code Ann. § 31-7-13 and may entered into on t…

The timing of principal and interest payments will be determined by MDA through the application process, with a fixed amount to be paid over the life of the loan. Notes 6 Miss. Code. R. 1-22.6 Miss. Code Ann. § 57-1-221. Adopted 10/26/2024

At the discretion of MDA, a loan may need to be secured by a lien of such type that provides adequate security for MDA to recover its investment in case of default on the loan. Liens may be in the form of personal guarantees, liens on the equipment installed or security interest …

One copy of the application are to be submitted by a business and must include: (a) Documentation that the Entity is an Approved Business Enterprise; (b) Purpose of the proposed loan or grant including a list of eligible items and the estimated cost of each; (c) Documentation on …

Based upon the terms and conditions established by MDA, MDA will prepare all security and loan documents, including but not limited to, the Loan Agreement and Promissory Note, (collectively "Loan Documents"). Prior to disbursement of any funds, all Loan Documents must be fully ex…

The Mississippi Existing Industry Productivity Loan Program ("Existing Industry Loan Program"), administered by the Mississippi Development Authority ("MDA") is designed for making loans to existing industries or to local governmental entities to assist existing industries to dep…

Based upon the terms and conditions established by MDA, MDA will prepare all security and loan documents, including but not limited to, the Loan Agreement and Promissory Note, (collectively "Loan Documents"). Prior to disbursement of any funds, all Loan Documents must be fully ex…

The MDA will release loan funds on a reimbursement or services rendered basis for approved eligible costs of the project as incurred. The Borrower shall certify to MDA that the expenses were incurred and were in accordance with the project as approved by MDA. Funds will be releas…

Loans made under the Existing Industry Loan Program are subject to audit by the State Department of Audit. Notes 6 Miss. Code. R. 1-3.12 Miss. Code Ann. § 57-93-1 (Rev. 2008)

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…

Loan funds can be used to finance long-term fixed assets ("Fixed Assets") or refinance land, buildings and equipment, provided that the company can demonstrate that refinancing is necessary to maintain or expand the facility. This financing is for are assets which, through new te…