Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 20 - Mississippi Air Service Growth Program (MASGP)
Rule 6-1-20.22 - Payment Requirements under Revenue Guaranty Program

The Approved Carrier shall provide MDA with adequate documentation to quantify the Actual Revenue of the New Service and/or Additional Service covered by the agreement. MDA reserves the right to request additional documentation in order to confirm that information. MDA and the Applicant shall jointly agree on Actual Revenue and the actual amount of shortfall, if applicable, prior to any payment being made. In the event that Projected Revenues were not met during that period, MDA will make a payment to the Applicant in the amount of the difference between the Projected Revenue and Actual Revenue.

House Bill 1074, Regular Session 2016