Mississippi § 57-1-12 - 2.
Full text of Mississippi Mississippi Code of 1972 Annotated § 57-1-12 — 2., with citation guidance and answers to common questions.
§ 57-1-12. 2.
The Mississippi Development Authority (MDA) shall file an annual report with the Governor, Secretary of State, Secretary of the Senate and the Clerk of the House of Representatives not later than October 1 of each year regarding all tax credits, loans, rebates and grants made, approved or awarded by MDA as a result of negotiations involving an economic development project. The report shall contain the following information: The total amount of incentives approved or awarded; The total amount of loans made by MDA; The total amount of grants awarded by MDA; and A description of standard terms for each loan program. With respect to each client that receives or is awarded a tax credit, loan, rebate or grant referred to in subsection (1) of this section, the report shall include: The name and county of operation of the recipient; The amount of the loan, rebate or grant; The purpose of the loan, rebate or grant; The number of employees that the client agreed to hire, retain or train; The amount of the financial investment that the client expects to make in this state as a result of the economic development project; and A list of projects that have met contractual requirements and have been closed out by MDA. The Department of Revenue shall provide MDA with the tax information that is required to be included in this report.
Frequently Asked Questions About Mississippi § 57-1-12
What does Mississippi Code of 1972 Annotated § 57-1-12 cover?
Section 57-1-12 ("2.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 57-1-12?
A common citation format is "Mississippi Code of 1972 Annotated § 57-1-12" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 57-1-12 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.