35 Miss. Code R. § 10-11-202

Current through May 31, 2024

Section 35-10-11-202

The Industrial Revenue Development Bonds are issued to for-profit companies and in very limited circumstances, non-profit companies will qualify. Only businesses engaged in manufacturing or processing may qualify for the tax-exempt bonds. The following businesses may qualify for taxable bonds:

1. Companies that manufacture, process, store, warehouse, assemble or distribute agricultural, mining or industrial products.

2. Research and development enterprises.

3. Offices used to manage, supervise or service a manufacturing operation

4. Any commercial enterprise.

35 Miss. Code. R. § 10-11-202

Adopted 10/1/2018