Title 57, Planning, Research and Development

(1) The authority and the Department of Revenue shall implement the provisions of this chapter and exercise all powers as authorized in this chapter; however, the application of this chapter and the offering and awarding of any mFlex tax incentive as to any particular qualified b…

The authority and the Department of Revenue shall promulgate rules and regulations, in accordance with the Mississippi Administrative Procedures Law, Section 25-43-1.101 et seq. and all application forms and other forms necessary to implement their respective duties and responsib…

From and after January 1, 2023, if the amount of any mFlex tax incentive or other incentive that a qualified business or other entity is eligible to receive under the Mississippi Flexible Tax Incentive Act is less than the amount of the mFlex tax incentive or other incentive that…

(a) For purposes of this chapter, the following words shall have the meanings ascribed herein unless the context otherwise requires:(a) “Affiliate” means, with respect to a specified entity, (i) another person or entity that directly or indirectly, through one or more intermediar…

(a) Business or industrial enterprises wishing to apply for the mFlex tax incentive authorized by this chapter shall make application to the authority, on a form prescribed thereby; provided that the application shall, at a minimum, contain:(a) A brief overview of the applicant’s…

(1) The authority shall evaluate an application to determine whether the applicant’s proposed project is a qualified economic development project and whether it is therefore eligible for an award by the authority of an mFlex tax incentive, as calculated in accordance with Section…

(a) The total amount of the initial mFlex tax incentive determined and awarded by the authority to the certified applicant shall be calculated by the authority as follows:(a) Subject to paragraph (f) below, one and one-half percent (1.5%) of the total purchase or sales price, or …