Mississippi Flexible Tax Incentive Act; revise definition of "qualified economic development project" and "qualified project" under.

HB 4010 revises definitions in Mississippi's Flexible Tax Incentive Act to clarify eligibility for tax incentives. It specifically updates the terms "qualified economic development project" and "qualified project" by adding detailed rules about job requirements, including that new full-time jobs must average 1,820 annual hours and meet wage standards. The bill also defines "base-leased employee" to include workers leased from registered firms who meet the same hour and tax withholding requirements as direct hires. These changes directly affect businesses applying for tax incentives through the Mississippi Development Authority, ensuring projects meet specific job creation and payroll criteria.