There is a $50,000 minimum Mississippi investment (local spend) per project. There is a $10 million per project rebate cap. There is a $20 million annual rebate cap. (The Mississippi state fiscal year is July 1-June 30.) There is no minimum requirement for production days or percentage of production spend.
Mississippi Investment Rebate (25%)
A production is eligible for a 25% rebate of their base investment (local spend) in Mississippi. The base investment is based on production expenditures paid to Mississippi companies in the business of providing a particular service or equipment.