Mississippi Flexible Tax Incentive Act; revise definition of "qualified economic development project" and "qualified project" under.

Summary

The bill revises the legal definitions of “qualified economic development project” and “qualified project” used in the Mississippi Flexible Tax Incentive Act. It clarifies terms such as affiliate, applicant, base full‑time job, and base‑leased employee, among others, to determine which businesses and jobs qualify for the state’s mFlex tax credits. By tightening these definitions, the legislation aims to ensure that tax incentives go to projects that truly create new, full‑time employment in Mississippi.

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