6 MAC Pt. 1, R. 12.10
Decertification
Cite as 6 Miss. Admin. Code Pt. 1, R. 12.10
Decertification. If the annualized unemployment rate in a certified GAP County falls
below one hundred fifty percent (150%) of the state's annualized unemployment rate for three
consecutive calendar years, the tax exemptions authorized under the GAP Act will not be granted
to additional business enterprises. Tax exemptions previously granted to approved business
enterprises shall continue as if the county continued to be eligible.