City of Jackson Revitalization Act; create.

An Act To Amend Section 75-76-5, Mississippi Code Of 1972, To Define The Term "project" Under The Mississippi Gaming Control Act; To Amend Section 75-76-129, Mississippi Code Of 1972, To Provide That Revenue Collected From Certain Additional License Fees Imposed And Levied Under Section 75-76-183 Shall Be Deposited Into The City Of Jackson Development Fund Created In This Act; To Amend Section 75-76-183, Mississippi Code Of 1972, To Impose And Levy Additional Fees For A License To Conduct Gaming As A Licensed Gaming Establishment That Is Part Of A Project Under The Mississippi Gaming Control Act; To Provide That The Department Of Finance And Administration Shall Establish A Program To Provide Loans And Grants To Assist With The Development Of Buildings And Other Facilities And Infrastructure For The Establishment Of New Business Enterprises And Expansion Of Existing Business Enterprises In The City Of Jackson, Mississippi; To Provide An Application Process For Entities That Desire To Participate In The Program; To Create The City Of Jackson Development Fund As A Special Fund In The State Treasury; To Provide That Monies In The City Of Jackson Development Fund Shall Be Disbursed By The Department Of Finance And Administration, Upon Appropriation By The Legislature, To Provide Loans And Grants For The Purposes Described In This Act; To Provide That For The First Full State Fiscal Year During Which A Licensed Gaming Establishment That Is Part Of A Project Under The Mississippi Gaming Control Act Is Operating And Remitting License Fees Imposed And Levied Under Sections 75-76-177 And 75-76-195, And For Each Of The Two Immediately Succeeding State Fiscal Years, If The Total Amount Of Revenue Distributed To The City Of Vicksburg, Mississippi, Or Warren County, Mississippi, As The Case May Be, For Each Such Fiscal Year Under Section 75-76-197 And Chapter 965, Local And Private Laws Of 1993, Is Less Than The Average Total Amount Of Such Revenue Distributed Annually To The Ci