Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 20 - Mississippi Air Service Growth Program (MASGP)
Rule 6-1-20.6 - Grant Programs

Universal Citation: MS Code of Rules 6-1-20.6

Current through September 24, 2024

MDA may award grants to qualified Applicants for several activities allowed for by HB 1074. MDA has categorized the eligible activities into two categories.

A. MASGP Category 1 Grants. Category 1 grants are of such a nature that an Applicant can only participate in one of these programs at a time. The Applicant must select the Category 1 grant that best serves their needs and apply for only one during a twenty-four (24) month grant period. Applicant can combine the Category 1 grant with either or both of the Category 2 grants, as necessary.

(i) Revenue Guaranty

(i) Seat Guaranty

(ii) Seat Cost Mitigation

B. MASGP Category 2 Grants. Applicant may receive grants under both Category 2 grant options concurrently. Any Category 1 grant may be paired with either or both Category 2 grants, as necessary.

(i) Ground handling cost mitigation

(ii) Marketing

House Bill 1074, Regular Session 2016

Disclaimer: These regulations may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.