The board of supervisors of a county or the governing authorities of a municipality may enter into an agreement with an enterprise operating a project as defined in Section 57-75-5(f)(iv)1, Section 57-75-5(f)(xxi) or 57-75-5 (f)(xxii), providing that the board of supervisors or governing authorities will agree in advance to approve any request for exemption from ad valorem taxes submitted by a supplier of such enterprise in the manner provided by law and that any such exemption shall be for a period of ten (10) years. Such an agreement on the part of the board of supervisors or governing authorities may be for a period not to exceed twenty (20) years.
Structure Mississippi Code
Title 57 - Planning, Research and Development
Chapter 75 - Mississippi Major Economic Impact Act
§ 57-75-3. Legislative findings and declarations
§ 57-75-11. General powers and duties of authority
§ 57-75-13. Powers and duties of Board of Trustees of State Institutions of Higher Learning
§ 57-75-15. Powers and duties of State Bond Commission
§ 57-75-15. Powers and duties of State Bond Commission
§ 57-75-15. Powers and duties of State Bond Commission
§ 57-75-23. Construction of act
§ 57-75-25. Derivation of income from issuance of bonds by certain persons
§ 57-75-27. Provision of buffer zone for NASA facility in Tishomingo County