SB 2996 — Appropriation; Development Authority, Mississippi.

SB2996 (As SentPassed tothe Governor)Senate) - 2018 Regular Session MISSISSIPPI LEGISLATURE Regular Session To:

Senator(s) Clarke, Hopson, Burton, Hill, Wilemon Senate Bill 2996 (As SentPassed tothe Governor)Senate) AN ACT MAKING AN APPROPRIATION TO DEFRAY THE EXPENSES OF THE MISSISSIPPI DEVELOPMENT AUTHORITY FOR FISCAL YEAR 2019.

$    19,032,820.00.18,415,977.00.

$   249,740,113.00.247,229,862.00.

     229200 Part Time...........

      6750 Part Time...........

     None of the funds herein appropriated shall be used in violation of Internal Revenue Service'sService’s Publication 15-A relating to the reporting of income paid to contract employees, as interpreted by the Office of the State Auditor.

                                                          FY2019 Performance Measures                                      Target Global Business      National Recruitment Contacts (Actions)               1,500      International Investment           Contracts (Actions)                              1,000      International Trade Contacts (Actions)                  500      Qualified National Prospects (Prospects)                225      Return on Investment (ROI)                               10      Number of New Businesses - Global Contacts               23      Number of New Jobs from Global Contacts               3,000 Minority & Small Business Dev      Minority & Small Business           Contacts (Contacts)                              7,000      Minority Business           Certifications (Actions)                           175      Technical Assistance to Disadvantaged           Contacts (Contacts)                              2,000      State Contracting with Minority           Business Businesses ($)                  50,000,000.00 Financial Resources      Request for Financing or                                             Incentives (Actions)                               300 Existing Industry & Business      Interactions with Interested           Businesses (Actions)                             2,000      Number of Qualified Contacts                          1,400      Number of Expansions (Items)                             25      Jobs Created from Expansions                          3,000 Energy      Energy Efficiency & Renewable Energy           Direct Contacts (Actions)                       11,000 Community Services      Amount of Grants Awarded ($)                  38,000,000.00      Grants & Loans Awarded (Items)                           90 Support Services           Administration as a Percent of Total Budget       9.50 Tourism      Number of Tourist InquiriesInquires Generated               Generated                 37,500      Number of Visitors Per Year (Persons)            24,000,000      Amount of Dollars Generated Annually (Billion           ($) in Billions                                   6.58 Welcome Centers           Tourist Registered (Persons)                 2,479,263      A reporting of the degree to which the performance targets set above have been or are being achieved shall be provided in the agency's budget request submitted to the Joint Legislative Budget Committee for Fiscal Year 2020.

SECTION 10.  Of the funds appropriated underin the provisions of Section 2,1, EightOne Hundred Sixty-five Thousand Dollars ($865,000.00),($100,000.00) oris soprovided muchfor thereof, shall be derived out of any money in the State Treasury to the credit of the Capital Expense Fund, as created in Section 27-103-303, Mississippi CodeDelta ofNational 1972,Heritage andAreas. allocated in a manner as determined by the Treasurer's Office.  These funds are provided for such purposes as follows:

    SECTION Wilson11.  HouseIt atis Shepardthe Park............intention of the Legislature that the Mississippi Development Authority shall submit a notification of any General Fund Transfers out of the major category Subsidies into any other major categories to the Legislative Budget Office.

$    SECTION 145,000.0012.      Of Longthe Beachfunds Recreationappropriated Center............in Section 1, Twenty Thousand Twenty-five Dollars ($20,025.00) shall be provided for the support of the Mississippi River Parkway Commission.

$         SECTION 50,000.0013.      Of the funds appropriated in Section 1, and in accordance with Mississippi BookCode Festivalof ..............1972, Section 57-103, Five Hundred Thousand Dollars ($500,000.00) shall be transferred to Innovate Mississippi.

$          50,000.00SECTION     14.  SenatobiaThe Sportsmoney Park  herein ................appropriated shall be paid by the State Treasurer out of any money in the State Treasury to the credit of the proper fund or funds as set forth in this act, upon warrants issued by the State Fiscal Officer;

$     100,000.00      Sebastopol fire and rescue equipment....

$      50,000.00      Mississippi Hills National Heritage Area.$     100,000.00      Town of Leland for purchasing a fire truck and related             equipment.......................    $     280,000.00      Skills Foundation of Mississippi.........$    90,000.00 SECTION 11.  Of the funds appropriated in Section 1, One Hundred Thousand Dollars ($100,000.00) is provided for the Mississippi Delta National Heritage Areas.

SECTION 12.  It is the intention of the Legislature that the Mississippi Development Authority shall submit a notification of any General Fund Transfers out of the major category Subsidies into any other major categories to the Legislative Budget Office.

SECTION 13.  Of the funds appropriated in Section 1, Twenty Thousand Twenty-five Dollars ($20,025.00) shall be provided for the support of the Mississippi River Parkway Commission.

     SECTION 14.  Of the funds appropriated in Section 1, Five Hundred Thousand Dollars ($500,000.00) shall be transferred to Innovate Mississippi.

     SECTION 15.  The money herein appropriated shall be paid by the State Treasurer out of any money in the State Treasury to the credit of the proper fund or funds as set forth in this act, upon warrants issued by the State Fiscal Officer;

     SECTION 16. 15.  This act shall take effect and be in force from and after July 1, 2018.