85 chapters · 812 sections in this title.
Miss. Code Ann. § 57-4-1 Establishment
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There is hereby established in the State Treasury a revolving fund to be designated as the “industrial development fund.” Such funds as may be deposited in the fund shall be used, either as loans or grants, for the purpose of making the state’s contribution for matching federal g…
Miss. Code Ann. § 57-4-11 Length of indebtedness incurred as loan; repayment in equal annual installments; applicability of debt limitation
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Indebtedness incurred as a loan under the provisions of this chapter shall not exceed five (5) years from the date of the contribution by the state, and any such indebtedness shall be repaid in equal annual installments. Any indebtedness incurred as a loan under the provisions of…
Miss. Code Ann. § 57-4-13 Levy of tax for repayment of indebtedness; proceedings upon default in repayment of indebtedness
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The governing authority of any county or municipality incurring indebtedness under this chapter is hereby authorized to annually levy a millage on all of the taxable property of such political subdivision at any time after the indebtedness is incurred in an amount sufficient to r…
Miss. Code Ann. § 57-4-15 Proceeds of state contributions to be used only for matching federal funds
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The proceeds of all state contributions as a loan or grant shall be used only for matching federal funds as provided under the provisions of this chapter. The federal funds may also be matched by the provision of in-kind services, equipment, personnel, supplies or other in-kind m…