Mississippi Administrative Code
Title 6 - Economic Development
Part 9 - Economic Development Division
Chapter 3 - Mississippi Flexible Tax Incentive Program - mFLEX
Rule 6-9-3.11 - mFLEX Credit Adjustment and Certification

Based on the information provided in the entity's annual report, MDA will identify any adjustment to the initial estimates provided by the applicant. Adjustments to the certification may include:

* Updates to the demographic and contact information of the company

* Updates to the approved affiliates

* Updates to the mFLEX credit available.

mFLEX credit updates may cause the total credit amount to increase or decrease and may occur for the following reasons:

* Updates to the project estimates (jobs, wages and investment)

* Updates to the actual investment made

* Updates to the actual jobs created.

Once the project is completed, no additional updates can be made to the investment estimate. A copy of the updated certification will be provided to the Department of Revenue to ensure that the correct credit amount is being utilized.

Miss. Code Ann. § 57-114-1 et seq.