City of Jackson Revitalization Act; create.

HB 1943, the "City of Jackson Revitalization Act," creates the City of Jackson Development Fund to support revitalization efforts. It exempts sales of materials for developing blighted property from sales tax (amending § 27-65-101) and authorizes state bonds to fund city improvements and blight removal. The primary funding source is a new revenue stream: additional fees from gaming establishments operating as part of a "project" under Mississippi's Gaming Control Act, with these fees deposited directly into the Development Fund (amending §§ 75-76-129, 75-76-183). The fund will disburse loans and grants for business development, infrastructure, and property acquisition/removal in Jackson, administered by the Department of Finance and Administration.