27 chapters · 687 sections in this title.
Miss. Code Ann. § 21-45-1 Short title
0.1K chars
This chapter may be cited as the “Tax Increment Financing Act.”
Miss. Code Ann. § 21-45-11 Contents of tax increment financing plan; public hearing
2.4K chars
(a) Any tax increment financing plan, at a minimum, shall contain:(a) A statement of the objectives of a municipality with regard to the plan;(b) A statement indicating the need and proposed use of the tax increment financing plan in relationship to the redevelopment plan;(c) A s…
Miss. Code Ann. § 21-45-13 Security for principal, interest, and premium on tax increment bond
3.2K chars
(a) The principal, interest and premium, if any, on any tax increment bond shall be secured by a pledge of the revenues payable to the municipality pursuant to the tax increment financing plan and may also be secured, in the discretion of the municipality, by a lien on all or any…
Miss. Code Ann. § 21-45-15 Application of proceeds from sale of bonds
0.5K chars
The proceeds from the sale of any bonds issued under authority of this chapter shall be applied only for the purpose for which the bonds were issued; provided, however, that any premium and accrued interest received in any such sale shall be applied to the payment of the principa…