Gulf Coast Restoration Fund

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  2. Mississippi Code
  3. Planning, Research and Development
  4. Gulf Coast Restoration Fund

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Section
57-119-1

Gulf Coast Restoration Fund (GCRF) created; use of fund monies limited to projects or programs located in the Gulf Coast region

Section
57-119-3

Use of fund monies only for purposes specified in this chapter and upon appropriation by the Legislature; full faith and credit of state for GCRF monies obligated or pledged as security for MDA debt

Section
57-119-5

Gulf Coast Restoration Fund Advisory Board created; purpose; membership

Section
57-119-7

Mississippi Development Authority to be administrator of the GCRF

Section
57-119-9

Eligible applicants for assistance; eligible projects; MDA to establish criteria for accepting and reviewing applications for assistance

Section
57-119-11

MDA authorized to establish programs for making loans, loan guarantees, grants, etc., to applicants with approved projects; prioritization of projects

Section
57-119-13

Assistance provided from GCRF cannot be used to cover 100% of the cost of approved project; contracts to include provisions for recovery of funds obtained fraudulently; performance reports

Section
57-119-15

Audit of recipients of assistance from GCRF; scope of review; performance audit of MDA's administration of GCRF by State Auditor; scope of audit

Section
57-119-17

Annual report; contents