HB4010

Mississippi Flexible Tax Incentive Act revises definitions for economic development projects and qualified projects.

Mississippi Flexible Tax Incentive Act amends the definition of "qualified economic development project" and "qualified project" under the Mississippi Flexible Tax Incentive Act. It specifies criteria for various types of enterprises, including manufacturing, research and development, telecommunications, data centers, and technology intensive enterprises. The bill also defines terms such as "base-leased employee," "contractor tax," "construction contract," and "minimum job creation requirement." The act aims to clarify eligibility for tax incentives by setting specific conditions for job.