{"data":{"id":"us-ms/miss.-code-ann.-57-61-17","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 57-61-17","heading":"Miss. Code Ann. § 57-61-17","body":"(1) The board may prescribe such application forms and promulgate such guidelines, rules and regulations as may be necessary to carry out the provisions of this chapter with respect to loan and grant conditions and criteria for evaluation of the economic benefit of proposed loans and grants and for determining and evaluating compliance with all the criteria established in this chapter.\n\n(2) The board is authorized to engage legal services, financial advisors, appraisers and consultants, if needed, to review and close loans or grants made pursuant to this chapter. The cost of such professionals shall be paid by the borrower or from bond proceeds as determined and approved by the board.\n\n(3) On or before February 1, 1987, and on or before February 1 in each succeeding year in which loans are outstanding, the board shall provide the Legislature with a report on its activities for the preceding calendar year. The report shall contain, at a minimum, the following information:\n\n(a) A list of the approved projects including the municipality, name of private company or governmental unit, cost of each project, amount of private investment, projected number of new jobs, location of each project, date of submission of the application by the local sponsor, type of project and estimated completion date of each project.\n\n(b) A list of applications not approved.\n\n(c) A list of pending applications.\n\n(d) A list of projects where job projections are not being met or the project is not being completed and the penalty being applied or the reason a penalty is not being applied.\n\n(e) Estimates of state and local tax revenue increases caused directly by projects.\n\n(f) A list of projects approved or completed in years prior to the preceding year.\n\n(g) Guidelines issued for the Business Investment Program.\n\n(h) An overall statement of the progress of the program during the preceding year, along with recommendations for improvements.\n\n(4) The board shall accumulate from the municipalities having approved projects the following data on an annual and cumulative basis:\n\n(a) The number of jobs actually created by these projects.\n\n(b) Estimated increased tax revenue caused by the projects.","path":["MS Code","Title 57"],"source_url":"https://legislature.ms.gov/","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-17","retrieved_at":"2026-09-17T20:49:39Z","sha256":"ab34cc1f45072e1c3c37fc0848ceb283a7a94c5e8a2fb4574cb05d5b67c011b5","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-57-61-15","next":"us-ms/miss.-code-ann.-57-61-19","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ms","title":"Mississippi Release 78 supplement","text":"Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ms.code.ann.2018"}]},"notice":"GroundRules: Original legal text. Not legal advice."}