HB 1341 — MS Health Care Industry Zone Act; extend repealer on act and related tax incentives.

MS Health Care Industry Zone Act;

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devices, products, software or structures used in the above activities.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 10(BS\KW) enumerated in paragraph (a) of this subsection (3), the corresponding ownership interest of the owner, lessor and sublessor of such tangible property shall similarly and automatically be exempt without any action being required to be taken by such owner, lessor or sublessor.

MS Health Care Industry Zone Act;

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enumerated in paragraph (a) of this subsection (3), the corresponding ownership interest of the owner, lessor and sublessor of such tangible property shall similarly and automatically be exempt without any action being required to be taken by such owner, lessor or sublessor.

[From and after July 1, * * * 2028,2026, this section shall read as follows:] 27-31-101.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 11(BS\KW) granted;

MS Health Care Industry Zone Act;

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granted;

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 12(BS\KW) with the initial exemption period, or a subsequently granted exemption period, but in no case shall the total of the exemption periods granted for a new enterprise exceed ten (10) years.

MS Health Care Industry Zone Act;

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with the initial exemption period, or a subsequently granted exemption period, but in no case shall the total of the exemption periods granted for a new enterprise exceed ten (10) years.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 13(BS\KW) (v) Movie industry studios meeting minimum criteria established by the Mississippi Development Authority;

MS Health Care Industry Zone Act;

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(v) Movie industry studios meeting minimum criteria established by the Mississippi Development Authority;

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 14(BS\KW) broadcast radio stations, television stations or news organizations primarily serving in-state markets shall not be included within the definition of the term "telecommunications enterprises";

MS Health Care Industry Zone Act;

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broadcast radio stations, television stations or news organizations primarily serving in-state markets shall not be included within the definition of the term "telecommunications enterprises";

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 15(BS\KW) sublessor of such tangible property shall similarly and automatically be exempt without any action being required to be taken by such owner, lessor or sublessor.

MS Health Care Industry Zone Act;

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sublessor of such tangible property shall similarly and automatically be exempt without any action being required to be taken by such owner, lessor or sublessor.

[Through June 30, * * * 2028,2026, this section shall read as follows:] 27-31-104.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 16(BS\KW) (iv) Projects, in addition to those projects referenced in Section 27-31-105, totaling over Sixty Million Dollars ($60,000,000.00) by an existing enterprise that has been doing business in the county or municipality for twenty-four (24) months.

MS Health Care Industry Zone Act;

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(iv) Projects, in addition to those projects referenced in Section 27-31-105, totaling over Sixty Million Dollars ($60,000,000.00) by an existing enterprise that has been doing business in the county or municipality for twenty-four (24) months.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 17(BS\KW) or necessary to, the operation of any enterprise, private company or business described in paragraph (a) of this subsection (1), as applicable, whether or not such property is owned, leased, subleased, licensed or otherwise obtained by such enterprise, private company or business, as applicable, irrespective of the taxpayer to which any such leased property is assessed for ad valorem tax purposes.

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or necessary to, the operation of any enterprise, private company or business described in paragraph (a) of this subsection (1), as applicable, whether or not such property is owned, leased, subleased, licensed or otherwise obtained by such enterprise, private company or business, as applicable, irrespective of the taxpayer to which any such leased property is assessed for ad valorem tax purposes.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 18(BS\KW) agreement on behalf of the school district granting a fee-in-lieu of ad valorem taxes for school district purposes.

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agreement on behalf of the school district granting a fee-in-lieu of ad valorem taxes for school district purposes.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 19(BS\KW) a binding obligation of the parties to the agreement, be effective upon its execution by the parties and approval by the Mississippi Development Authority and, except as otherwise provided in Section 17-25-23 or Section 57-75-33, or any other provision of law, continue in effect for a period not to exceed thirty (30) years commencing on the date that the fee-in-lieu granted thereunder begins in accordance with the agreement;

MS Health Care Industry Zone Act;

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a binding obligation of the parties to the agreement, be effective upon its execution by the parties and approval by the Mississippi Development Authority and, except as otherwise provided in Section 17-25-23 or Section 57-75-33, or any other provision of law, continue in effect for a period not to exceed thirty (30) years commencing on the date that the fee-in-lieu granted thereunder begins in accordance with the agreement;

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 20(BS\KW) one-third (1/3) of the total of all ad valorem taxes otherwise payable as annually determined during each year of the fee-in-lieu or (b) if the project is also a project eligible for an ad valorem tax exemption under Section 27-31-46 and a fee-in-lieu agreement is entered into before July 1, 2026, one-tenth (1/10) of the total of all ad valorem taxes otherwise payable as annually determined during each year of the fee-in-lieu.

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one-third (1/3) of the total of all ad valorem taxes otherwise payable as annually determined during each year of the fee-in-lieu or (b) if the project is also a project eligible for an ad valorem tax exemption under Section 27-31-46 and a fee-in-lieu agreement is entered into before July 1, 2026, one-tenth (1/10) of the total of all ad valorem taxes otherwise payable as annually determined during each year of the fee-in-lieu.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 21(BS\KW) project is located and apportion to the school district an amount of the fee-in-lieu that is agreed upon in the negotiations different than the amount provided for in subsection (3) of this section.

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project is located and apportion to the school district an amount of the fee-in-lieu that is agreed upon in the negotiations different than the amount provided for in subsection (3) of this section.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 22(BS\KW) related costs for the project pursuant to an agreement entered into in accordance with Section 57-75-37(7)(c)(iii);

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related costs for the project pursuant to an agreement entered into in accordance with Section 57-75-37(7)(c)(iii);

[From and after July 1, * * * 2028,2026, this section shall read as follows:] 27-31-104.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 23(BS\KW) (i) Projects totaling over Sixty Million Dollars ($60,000,000.00) by any new enterprises enumerated in Section 27-31-101;

MS Health Care Industry Zone Act;

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(i) Projects totaling over Sixty Million Dollars ($60,000,000.00) by any new enterprises enumerated in Section 27-31-101;

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 24(BS\KW) Mississippi Medical Cannabis Act, granting, and pursuant to such agreement grant a fee-in-lieu of ad valorem taxes.

MS Health Care Industry Zone Act;

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Mississippi Medical Cannabis Act, granting, and pursuant to such agreement grant a fee-in-lieu of ad valorem taxes.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 25(BS\KW) (2) A county board of supervisors may enter into a fee-in-lieu agreement on behalf of the county and any county school district, and a municipality may enter into such a fee-in-lieu agreement on behalf of the municipality and any municipal school district located in the municipality;

MS Health Care Industry Zone Act;

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(2) A county board of supervisors may enter into a fee-in-lieu agreement on behalf of the county and any county school district, and a municipality may enter into such a fee-in-lieu agreement on behalf of the municipality and any municipal school district located in the municipality;

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 26(BS\KW) municipal governing authority, as the case may be, however, except as otherwise provided in this section, from the sum allowed the apportionment to school districts shall not be less than the school districts' pro rata share based upon the proportion that the millage imposed for the school districts by the appropriate levying authority bears to the millage imposed by such levying authority for all other county or municipal purposes.

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municipal governing authority, as the case may be, however, except as otherwise provided in this section, from the sum allowed the apportionment to school districts shall not be less than the school districts' pro rata share based upon the proportion that the millage imposed for the school districts by the appropriate levying authority bears to the millage imposed by such levying authority for all other county or municipal purposes.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 27(BS\KW) otherwise payable, including school taxes, as the same may vary from year to year based upon changes in the millage rate or assessed value and shall not be less than one-third (1/3) of that amount or one-tenth (1/10) of that amount if the project is also a project eligible for an ad valorem tax exemption under Section 27-31-46 and a fee-in-lieu agreement is entered into before July 1, 2026.

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otherwise payable, including school taxes, as the same may vary from year to year based upon changes in the millage rate or assessed value and shall not be less than one-third (1/3) of that amount or one-tenth (1/10) of that amount if the project is also a project eligible for an ad valorem tax exemption under Section 27-31-46 and a fee-in-lieu agreement is entered into before July 1, 2026.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 28(BS\KW) members of the regional economic development alliance may divide the sum allowed as a fee-in-lieu in a manner as determined by the alliance agreement, and the boards of supervisors of the member counties may then apportion the sum allowed between school district purposes and all other county purposes.

MS Health Care Industry Zone Act;

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members of the regional economic development alliance may divide the sum allowed as a fee-in-lieu in a manner as determined by the alliance agreement, and the boards of supervisors of the member counties may then apportion the sum allowed between school district purposes and all other county purposes.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 29(BS\KW) authority, as the case may be, to either:

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authority, as the case may be, to either:

SECTION 9.

Section 27-65-101, Mississippi Code of 1972, is amended as follows:

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 30(BS\KW) 27-65-101.

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SECTION 9.

Section 27-65-101, Mississippi Code of 1972, as amended by House Bill No.

1644, 2025 Regular Session, is amended as follows:

27-65-101.

(b) Sales of raw materials, catalysts, processing chemicals, welding gases or other industrial processing gases (except natural gas) to a manufacturer for use directly in manufacturing or processing a product for sale or rental or H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 31(BS\KW) repairing or reconditioning vessels or barges of fifty (50) tons load displacement and over.

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(b) Sales of raw materials, catalysts, processing chemicals, welding gases or other industrial processing gases (except natural gas) to a manufacturer for use directly in manufacturing or processing a product for sale or rental or repairing or reconditioning vessels or barges of fifty (50) tons load displacement and over.

(d) Sales to commercial fishermen of commercial fishing boats of over five (5) tons load displacement and not more than fifty (50) tons load displacement as registered with the United StatesH. Coast Guard and licensed by the Mississippi Commission on Marine Resources.

(e) The gross income from repairs to vessels and barges engaged in foreign trade or interstate transportation.

H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 32(BS\KW) (f) Sales of petroleum products to vessels or barges for consumption in marine international commerce or interstate transportation businesses.

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States Coast Guard and licensed by the Mississippi Commission on Marine Resources.

(e) The gross income from repairs to vessels and barges engaged in foreign trade or interstate transportation.

(f) Sales of petroleum products to vessels or barges for consumption in marine international commerce or interstate transportation businesses.

For purposes of this exemption, "ships, vessels or barges"H. shall not include floating structures described in Section 27-65-18.

(j) Sales of tangible personal property to persons operating ships in international commerce for use or consumption H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 33(BS\KW) on board such ships.

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barges" shall not include floating structures described in Section 27-65-18.

(j) Sales of tangible personal property to persons operating ships in international commerce for use or consumption on board such ships.

(n) The value of natural gas lawfully injected into the earth for cycling, repressuring or lifting of oil, or lawfully vented or flared in connection with the production of oil;

however, if any gas so injected into the earth is sold for such purposes, then the gas so sold shall not be exempt.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 34(BS\KW) (o) The gross collections from self-service commercial laundering, drying, cleaning and pressing equipment.

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(n) The value of natural gas lawfully injected into the earth for cycling, repressuring or lifting of oil, or lawfully vented or flared in connection with the production of oil;

however, if any gas so injected into the earth is sold for such purposes, then the gas so sold shall not be exempt.

(o) The gross collections from self-service commercial laundering, drying, cleaning and pressing equipment.

(q) Sales of component materials used in the construction of a building, or any addition or improvement thereon, sales of machinery and equipment to be used therein, and sales of manufacturing or processing machinery and equipment which is permanently attached to the ground or to a permanent foundation and which is not by its nature intended to be housed within a building structure, not later than three (3) months after the initial start-up date, to permanent business enterprises engaging in manufacturing or processing in Tier Three areas (as such term is defined in Section 57-73-21), which businesses are certified by the Department of Revenue as being eligible for the exemption grantedH. in this paragraph (q).

The exemption provided in this paragraph (q) shall not apply to sales to any business enterprise that is a medical cannabis establishment as defined in Section 41-137-3 of the Mississippi Medical Cannabis Act.

H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 35(BS\KW) (r) (i) Sales of component materials used in the construction of a building, or any addition or improvement thereon, and sales of any machinery and equipment not later than three (3) months after the completion of the building, addition or improvement thereon, to be used therein, for any company establishing or transferring its national or regional headquarters from within or outside the State of Mississippi and creating a minimum of twenty (20) jobs at the new headquarters in this state.

TheMS exemptionHealth providedCare inIndustry thisZone subparagraphAct; (i) shall not apply to sales for any company that is a medical cannabis establishment as defined in Section 41-137-3 of the Mississippi Medical Cannabis Act.

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granted in this paragraph (q).

The exemption provided in this paragraph (q) shall not apply to sales to any business enterprise that is a medical cannabis establishment as defined in the Mississippi Medical Cannabis Act.

(r) (i) Sales of component materials used in the construction of a building, or any addition or improvement thereon, and sales of any machinery and equipment not later than three (3) months after the completion of the building, addition or improvement thereon, to be used therein, for any company establishing or transferring its national or regional headquarters from within or outside the State of Mississippi and creating a minimum of twenty (20) jobs at the new headquarters in this state.

The exemption provided in this subparagraph (i) shall not apply to sales for any company that is a medical cannabis establishment as defined in the Mississippi Medical Cannabis Act.

(ii) Sales of component materials used in the construction of a building, or any addition or improvement thereon, and sales of any machinery and equipment not later than three (3) months after the completion of the building, addition or improvement thereon, to be used therein, for any company expanding or making additions after January 1, 2013, to its national or regionalH. headquarters within the State of Mississippi and creating a minimum of twenty (20) new jobs at the headquarters as a result of the expansion or additions.

The exemption provided in this subparagraph (ii) shall not apply to sales for any company that is H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 36(BS\KW) a medical cannabis establishment as defined in Section 41-137-3 of the Mississippi Medical Cannabis Act.

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regional headquarters within the State of Mississippi and creating a minimum of twenty (20) new jobs at the headquarters as a result of the expansion or additions.

The exemption provided in this subparagraph (ii) shall not apply to sales for any company that is a medical cannabis establishment as defined in the Mississippi Medical Cannabis Act.

(ii) Assists in the implementation of the contingency plan or area contingency plan, and which is created in responseH. to the requirements of Title IV, Subtitle B of the Oil Pollution Act of 1990, Public Law 101-380;

and H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 37(BS\KW) (iii) Engages primarily in programs to contain, clean up and otherwise mitigate spills of oil or other substances occurring in the United States coastal and tidal waters.

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response to the requirements of Title IV, Subtitle B of the Oil Pollution Act of 1990, Public Law 101-380;

and (iii) Engages primarily in programs to contain, clean up and otherwise mitigate spills of oil or other substances occurring in the United States coastal and tidal waters.

special tooling such as dies, molds, jigs and similar itemsH. treated as special tooling for federal income tax purposes;

or repair parts therefor or replacements thereof;

repair services H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 38(BS\KW) thereon;

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items treated as special tooling for federal income tax purposes;

or repair parts therefor or replacements thereof;

repair services thereon;

or repair parts therefor or replacementsH. thereof;

repair services thereon;

fuel, supplies, electricity, coal and natural gas used directly in the H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 39(BS\KW) manufacturing/production operations of the project or used to provide climate control for manufacturing/production areas.

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replacements thereof;

repair services thereon;

fuel, supplies, electricity, coal and natural gas used directly in the manufacturing/production operations of the project or used to provide climate control for manufacturing/production areas.

The exemption provided in this paragraph (ff) shall not apply to sales to any business enterprise that is a medical cannabis H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 40(BS\KW) establishment as defined in Section 41-137-3 of the Mississippi Medical Cannabis Act.

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exemption provided in this paragraph (ff) shall not apply to sales to any business enterprise that is a medical cannabis establishment as defined in the Mississippi Medical Cannabis Act.

(hh) Sales of component materials used in the replacement, reconstruction or repair of a building or facility that has been destroyed or sustained extensive damage as a result of a disaster declared by the Governor, sales of machinery and equipment to be used therein to replace machinery or equipment damaged or destroyed as a result of such disaster, including, but not limited to, manufacturing or processing machinery and equipment which is permanently attached to the ground or to a permanent foundation and which is not by its nature intended to be housed within a building structure, to enterprises or companies that were eligible for the exemptions authorized in paragraph (q), H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 41(BS\KW) (r), (ff) or (gg) of this subsection during initial construction of the building that was destroyed or damaged, which enterprises or companies are certified by the Department of Revenue as being eligible for the exemption granted in this paragraph.

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that were eligible for the exemptions authorized in paragraph (q), (r), (ff) or (gg) of this subsection during initial construction of the building that was destroyed or damaged, which enterprises or companies are certified by the Department of Revenue as being eligible for the exemption granted in this paragraph.

(nn) Sales of component materials used in the construction of a building, or any addition or improvement thereon, and sales or leases of machinery and equipment not later than three (3) months after the completion of the construction of H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 42(BS\KW) the facility, to be used in the facility, to permanent business enterprises operating a facility producing renewable crude oil from biomass harvested or produced, in whole or in part, in Mississippi, which businesses meet minimum criteria established by the Mississippi Development Authority.

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than three (3) months after the completion of the construction of the facility, to be used in the facility, to permanent business enterprises operating a facility producing renewable crude oil from biomass harvested or produced, in whole or in part, in Mississippi, which businesses meet minimum criteria established by the Mississippi Development Authority.

This paragraph shall be repealed from and after July 1, * * * 2028.2026.

(qq) Sales or leases to a manufacturer of automotive parts operating a project that has been certified by the Mississippi Major Economic Impact Authority as a project as H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 43(BS\KW) defined in Section 57-75-5(f)(xxviii) of machinery and equipment;

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Mississippi Major Economic Impact Authority as a project as defined in Section 57-75-5(f)(xxviii) of machinery and equipment;

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 44(BS\KW) (i) All personal property and fixtures, including without limitation, sales or leases to the enterprise and its affiliates of:

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(i) All personal property and fixtures, including without limitation, sales or leases to the enterprise and its affiliates of:

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 45(BS\KW) (vv) Sales or leases to an enterprise operating a project that has been certified by the Mississippi Major Economic Impact Authority as a project as defined in Section 57-75-5(f)(xxx) of:

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(vv) Sales or leases to an enterprise operating a project that has been certified by the Mississippi Major Economic Impact Authority as a project as defined in Section 57-75-5(f)(xxx) of:

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 46(BS\KW) (95%) of such proppants used in the production of oil and/or gas from horizontally drilled wells and/or horizontally drilled recompletion wells as defined in Sections 27-25-501 and 27-25-701.

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(95%) of such proppants used in the production of oil and/or gas from horizontally drilled wells and/or horizontally drilled recompletion wells as defined in Sections 27-25-501 and 27-25-701.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 47(BS\KW) 6.

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6.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 48(BS\KW) (zz) (i) Sales or leases to an enterprise operating a project that has been certified by the Mississippi Major Economic Impact Authority as a project as defined in Section 57-75-5(f)(xxxii), for a period ending no later than one (1) year following completion of the construction of the facility or facilities comprising such project of all personal property and fixtures, including, without limitation, sales or leases to the enterprise and its affiliates of:

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(zz) (i) Sales or leases to an enterprise operating a project that has been certified by the Mississippi Major Economic Impact Authority as a project as defined in Section 57-75-5(f)(xxxii), for a period ending no later than one (1) year following completion of the construction of the facility or facilities comprising such project of all personal property and fixtures, including, without limitation, sales or leases to the enterprise and its affiliates of:

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 49(BS\KW) (ii) Sales or leases to an enterprise operating a project that has been certified by the Mississippi Major Economic Impact Authority as a project as defined in Section 57-75-5(f)(xxxii) of electricity, current, power, steam, coal, natural gas, liquefied petroleum gas or other fuel, biomass, nitrogen or other atmospheric or other industrial gases used directly by the enterprise in the manufacturing/production operations of its project or used to provide climate control for manufacturing/production areas (which manufacturing/production areas shall be apportioned based on square footage).

MS Health Care Industry Zone Act;

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(ii) Sales or leases to an enterprise operating a project that has been certified by the Mississippi Major Economic Impact Authority as a project as defined in Section 57-75-5(f)(xxxii) of electricity, current, power, steam, coal, natural gas, liquefied petroleum gas or other fuel, biomass, nitrogen or other atmospheric or other industrial gases used directly by the enterprise in the manufacturing/production operations of its project or used to provide climate control for manufacturing/production areas (which manufacturing/production areas shall be apportioned based on square footage).

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 50(BS\KW) 1.

MS Health Care Industry Zone Act;

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1.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 51(BS\KW) 57-73-21), which businesses are certified by the Department of Revenue as being eligible for the exemption granted in this subsection, shall be exempt from one-half (1/2) of the taxes imposed on such transactions under this chapter.

TheMS exemptionHealth providedCare inIndustry thisZone subsectionAct; (2) shall not apply to sales to any business enterprise that is a medical cannabis establishment as defined in Section 41-137-3 of the Mississippi Medical Cannabis Act.

extend PAGE 51(BS\KW) repealer on act and related tax incentives.

57-73-21), which businesses are certified by the Department of Revenue as being eligible for the exemption granted in this subsection, shall be exempt from one-half (1/2) of the taxes imposed on such transactions under this chapter.

The exemption provided in this subsection (2) shall not apply to sales to any business enterprise that is a medical cannabis establishment as defined in the Mississippi Medical Cannabis Act.

The exemption provided in this subsection (3) shall not apply to sales to any business enterprise that is a medical cannabis establishment as defined in Section 41-137-3 of the Mississippi Medical Cannabis Act.

(4) Sales of component materials used in the construction of a facility, or any addition or improvement thereto, and sales of machinery and equipment not later than three (3) months after the H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 52(BS\KW) machinery and equipment not later than three (3) months after the completion of construction of the facility, or any addition or improvement thereto, to be used in the building or any addition or improvement thereto, to technology intensive enterprises for industrial purposes in Tier Two areas and Tier One areas (as such areas are designated in accordance with Section 57-73-21), which businesses are certified by the Department of Revenue as being eligible for the exemption granted in this subsection, shall be exempt from one-half (1/2) of the taxes imposed on such transactions under this chapter.

MS Health Care Industry Zone Act;

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completion of construction of the facility, or any addition or improvement thereto, to be used in the building or any addition or improvement thereto, to technology intensive enterprises for industrial purposes in Tier Two areas and Tier One areas (as such areas are designated in accordance with Section 57-73-21), which businesses are certified by the Department of Revenue as being eligible for the exemption granted in this subsection, shall be exempt from one-half (1/2) of the taxes imposed on such transactions under this chapter.

and (v) "Equipment used in the deployment of broadband technologies" means any equipment capable of being used for or in connection with the transmission of information at a rate, prior to taking into account the effects of any signal degradation, that H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 53(BS\KW) to taking into account the effects of any signal degradation, that is not less than three hundred eighty-four (384) kilobits per second in at least one (1) direction, including, but not limited to, asynchronous transfer mode switches, digital subscriber line access multiplexers, routers, servers, multiplexers, fiber optics and related equipment.

(b)MS SalesHealth ofCare equipmentIndustry toZone telecommunicationsAct; enterprises after June 30, 2003, and before July 1, 2025, that is installed in Tier One areas and used in the deployment of broadband technologies shall be exempt from one-half (1/2) of the taxes imposed on such transactions under this chapter.

(c)extend SalesPAGE of53(BS\KW) equipmentrepealer toon telecommunicationsact enterprises after June 30, 2003, and beforerelated Julytax 1,incentives. 2025, that is installed in Tier Two and Tier Three areas and used in the deployment of broadband technologies shall be exempt from the taxes imposed on such transactions under this chapter.

(6)is Salesnot ofless componentthan materials* used* in* thethirty-five replacement,(35) reconstructionmegabits orper repairsecond ofdownlink a building that has been destroyed or sustained extensive damage as a result of a disaster declared by the Governor, sales of machinery and equipmentthree to(3) bemegabits usedper thereinsecond touplink replacefor machinerymobile orbroadband equipment damaged or destroyedthat asis acapable result of suchproviding disaster,fixed including,broadband butservice notas limiteddefined to, manufacturing or processing machinery and equipment which is permanently attached to the ground or to a permanent foundation and which is not by itsSection nature77-19-3. intended to be housed within a building structure, to H.

(b) Sales of equipment to telecommunications enterprises after June 30, 2003, and before July 1, * * * 2030, that is installed in Tier One areas and used in the deployment of broadband technologies shall be exempt from one-half (1/2) of the taxes imposed on such transactions under this chapter.

(c) Sales of equipment to telecommunications enterprises after June 30, 2003, and before July 1, * * * 2030, that is installed in Tier Two and Tier Three areas and used in the deployment of broadband technologies shall be exempt from the taxes imposed on such transactions under this chapter.

(6) Sales of component materials used in the replacement, reconstruction or repair of a building that has been destroyed or sustained extensive damage as a result of a disaster declared by the Governor, sales of machinery and equipment to be used therein to replace machinery or equipment damaged or destroyed as a result of such disaster, including, but not limited to, manufacturing or processing machinery and equipment which is permanently attached to the ground or to a permanent foundation and which is not by its nature intended to be housed within a building structure, to enterprises that were eligible for the partial exemptions provided for in subsections (2), (3) and (4) of this section during initial H.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG PAGEST: 54(BS\KW) enterprises that were eligible for the partial exemptions provided for in subsections (2), (3) and (4) of this section during initial construction of the building that was destroyed or damaged, which enterprises are certified by the Department of Revenue as being eligible for the partial exemption granted in this subsection, shall be exempt from one-half (1/2) of the taxes imposed on such transactions under this chapter.

MS Health Care Industry Zone Act;

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construction of the building that was destroyed or damaged, which enterprises are certified by the Department of Revenue as being eligible for the partial exemption granted in this subsection, shall be exempt from one-half (1/2) of the taxes imposed on such transactions under this chapter.

1341 *HR26/R1428CS**HR26/R1428SG* ~ OFFICIAL ~ 25/HR26/R1428CS25/HR26/R1428SG ST:PAGE 55(BS\KW)

MS Health Care Industry Zone Act;

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