Mississippi § 57-63-23 - Contents of SDAP; Part II.

§ 57-63-23. Contents of SDAP; Part II.

Part II of the economic development plan shall include: An inventory and analysis of the state’s competitive advantages and an inventory and analysis of factors which tend to retard economic development in Mississippi; Identification and analysis of state, national and international economic trends affecting Mississippi’s economic development; An analysis and evaluation of the state’s taxing effort as it affects the state’s economic development efforts and an analysis of how economic development goals and objectives relate to projected short and long-term state and local revenues and to the possible and potential impact on the revenue structure; An identification and analysis of key factors affecting economic development in the state; An identification and analysis of factors affecting industrial location and decisions affecting expansion of existing business and industry within the state; An analysis of the state’s incentive programs and economic development strategies and a comparison with other states; An analysis of the state’s work force and of the economic conditions that work force will face in future years; An analysis of and assessment of the minority business and commercial activity, capability, potential and needs in the state; An analysis of and assessment of the state income by various income groups to provide the analytical base for developing programs and recommendations to address low income high unemployment problems in the state as required by Section 57-63-27; An analysis and assessment of programs in other states and in the federal government which seek to foster, encourage and assist minority involvement in and contributions toward state economic development. The programs to be assessed shall include but not be limited to set aside procurement programs.