Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 11 - Mississippi Tourism Rebate Program
Rule 6-1-11.13 - Mississippi Tourism Rebate Agreement
Current through September 24, 2024
After MDA receives the Completion Certificate and the actual project costs are confirmed, a Mississippi Tourism Rebate Agreement shall be executed between the applicant and MDA. Such agreement shall specify:
A. The approved tourism project will not receive a rebate, if in any calendar year following the Completion Date, the tourism project is not operating and open to the public on a regular and consistent basis.
B. The Agreement shall not be transferable or assignable by the applicant without the written consent of the Executive Director of MDA.
C. The approved applicant will supply MDA with such reports and certifications as the MDA may request demonstrating to the satisfaction of the Director that the approved applicant is in compliance with the provisions of the Act and Agreement.
D. The approved Applicant is responsible for supplying all sales tax account numbers for the project to the MDA. No rebate payments will be made for the project until one month after receipt of the account numbers by MDA. The Applicant must supply account numbers that are added or changed in order to receive rebate payments from the accounts.
Miss. Code Ann. § 57-26-1 et seq. (Rev. 2008), Senate Bill 2463, 2013 Regular Session