§ 21-45-7. Division of ad valorem taxes according to tax increment financing plan

MS Code § 21-45-7 (2019) (N/A)
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Any redevelopment project may contain a provision that municipal and county ad valorem taxes, if any, levied upon taxable property in a redevelopment project or municipal sales taxes collected within the area, or both, shall be divided according to a tax increment financing plan.