{"data":{"id":"us-ms/miss.-code-ann.-57-117-7","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 57-117-7","heading":"Miss. Code Ann. § 57-117-7","body":"(1) Businesses and health care industry facilities shall apply to the MDA for certification as a qualified business. If the health care industry facility or business is located in a health care industry zone and meets the requirements of this chapter, the MDA shall certify it as a qualified business.\n\n(2) A health care industry facility or business certified by the MDA as a qualified business within a health care industry zone that constructs or renovates a health care industry facility within a health care industry zone shall qualify for the following:\n\n(a) An accelerated state income tax depreciation deduction. The accelerated depreciation deduction shall be computed by accelerating depreciation period required by Mississippi Administrative Code, to a ten-year depreciation period.\n\n(b) A sales tax exemption as authorized in Section 27-65-101(1)(pp) .\n\n(c) A fee-in-lieu of taxes as authorized in Section 27-31-104 .\n\n(d) An ad valorem tax exemption as authorized in Section 27-31-101 .","path":["MS Code","Title 57"],"source_url":"https://legislature.ms.gov/","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:17Z","sha256":"73069f803f24d4f7afe22001a36030c9fe7bd735b7533ea92bd0243772b52e06","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-57-117-5","next":"us-ms/miss.-code-ann.-57-117-9"},"notice":"GroundRules: Original legal text. Not legal advice."}