6 Miss. Code. R. 1-20.1 - General Authorization and Purpose
In the 2016 legislative session, the Mississippi State Legislature passed HB 1074 creating the "Economic Development and Infrastructure Fund" in order to support infrastructure and transportation needs in counties in which legal gaming is conducted or authorized. Specifically, the law directs the Mississippi Development Authority (MDA) to provide grants:
A. To assist with
construction and repair of infrastructure in counties where legal gaming is
being conducted or is authorized and for structures designed to promote the
gaming and entertainment industry in such counties, and
B. To aid in increasing commercial air
service at existing commercial service airports in counties in this state in
which legal gaming is being conducted or is authorized by offering to assist
Part 121 carriers through the following air service development methods:
revenue guaranty, seat guaranty, seat cost mitigation, ground handling and
marketing.
House Bill 1074, 2016 Regular Session
Notes
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