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    • Legislation USA
    • Mississippi Code
    • Title 21 - Municipalities
    • Chapter 45 - Tax Increment Financing
    • § 21-45-17. Exemption from taxation

    Mississippi Code
    Chapter 45 - Tax Increment Financing
    § 21-45-17. Exemption from taxation

    The bonds authorized by this chapter and the income therefrom and all security agreements and mortgages executed as security therefor made pursuant to the provisions hereof, and the revenues derived therefrom, shall be exempt from all income taxation in the state.

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    Structure Mississippi Code

    Mississippi Code

    Title 21 - Municipalities

    Chapter 45 - Tax Increment Financing

    § 21-45-1. Short title

    § 21-45-3. Definitions

    § 21-45-5. Relation to other laws; authority of municipalities to accept financial assistance and to enter into agreements with developers

    § 21-45-7. Division of ad valorem taxes according to tax increment financing plan

    § 21-45-9. Issuance of tax increment bonds; issuance of refunding bonds; agreements with developers

    § 21-45-11. Contents of tax increment financing plan; public hearing

    § 21-45-13. Security for principal, interest, and premium on tax increment bond

    § 21-45-15. Application of proceeds from sale of bonds

    § 21-45-17. Exemption from taxation

    § 21-45-19. Items which are included in cost of redevelopment project

    § 21-45-21. Assessment of value of real property described in tax increment financing plan; retention and distribution of captured assessed value; approval of redevelopment plan; certification of amount of sales tax collected

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