Mississippi HB941 extends tax incentives for health care industry zones and related exemptions.
Mississippi HB941 reenacts the Mississippi Health Care Industry Zone Act, providing tax incentives for health care industry zones. It extends the repealer date of the act and related tax incentives. The bill allows county boards and municipal authorities to grant exemptions from ad valorem taxation for health care industry facilities in designated zones. It also extends the date of the reverter on the statute authorizing fee-in-lieu of ad valorem taxes for qualified businesses. The act takes effect from July 1, 2026.
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