Any redevelopment project may contain a provision that municipal and county ad valorem taxes, if any, levied upon taxable property in a redevelopment project or municipal sales taxes collected within the area, or both, shall be divided according to a tax increment financing plan.
Division of ad valorem taxes according to tax increment financing plan
Miss. Code Ann. § 21-45-7, under Tax Increment Financing.
Miss. Code Ann. § 21-45-7