Mississippi HB 1453: Small Business and Grocer Investment Act; extend repealer on.
Status: Died In Committee (as of 2025-02-11)
State: Mississippi · Session: 2025 · Bill: HB 1453
Subjects: Ways and Means
Sponsors: Shanks, Jackson (11th)
Bill Text
H. B. No. 1453 *HR26/R1952* ~ OFFICIAL ~ G1/2 25/HR26/R1952 PAGE 1 (RF\KW) To: Ways and Means MISSISSIPPI LEGISLATURE REGULAR SESSION 2025 By: Representatives Shanks, Jackson (11th) HOUSE BILL NO. 1453 AN ACT TO REENACT SECTIONS 57-10-701 THROUGH 57-10-709, 1 MISSISSIPPI CODE OF 1972, WHICH CREATE THE SMALL BUSINESS AND 2 GROCER INVESTMENT ACT; TO AMEND SECTION 57-10-711, MISSISSIPPI 3 CODE OF 1972, TO EXTEND THE DATE OF THE REPEALER ON THE SECTIONS 4 OF LAW THAT CREATE THE SMALL BUSINESS AND GROCER INVESTMENT ACT; 5 TO BRING FORWARD SECTIONS 27-71-5, 27-71-7, 27-71-15, 27-71-29, 6 67-1-41, 67-1-45, 67-1-51, 67-1-53, 67-1-55, 67-1-57, 67-1-73, 7 97-31-47 AND 97-31-49, MISSISSIPPI CODE OF 1972, WHICH RELATE TO 8 ALCOHOLIC BEVERAGES, FOR THE PURPOSE OF POSSIBLE AMENDMENT; AND 9 FOR RELATED PURPOSES. 10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: 11 SECTION 1. Section 57-10-701, Mississippi Code of 1972, is 12 reenacted as follows: 13 57-10-701. This article shall be known as the "Small 14 Business and Grocer Investment Act." 15 SECTION 2. Section 57-10-703, Mississippi Code of 1972, is 16 reenacted as follows: 17 57-10-703. The Legislature finds the following: 18 (a) Developing quality retail food outlets creates 19 jobs, expands markets for Mississippi farmers, and supports 20 economic vitality in underserved communities. 21 H. B. No. 1453 *HR26/R1952* ~ OFFICIAL ~ 25/HR26/R1952 PAGE 2 (RF\KW) (b) Increasing access to retail food outlets that sell 22 fresh fruits, vegetables and other healthy food is an important 23 strategy for fighting the obesity epidemic and improving health. 24 Studies have shown that people with better access to supermarkets 25 and fresh produce tend to have healthier diets and lower levels of 26 obesity. 27 (c) The program established under this article is 28 intended to provide a dedicated source of financing for healthy 29 food retailers operating in underserved communities in 30 Mississippi, in both urban and rural areas; to increase access to 31 affordable healthy food so as to improve diets and health; to 32 promote the sale and consumption of fresh fruits and vegetables, 33 in natural and/or frozen form, particularly those that are 34 Mississippi grown; and to support expanded economic opportunities 35 in low-income and rural communities. 36 SECTION 3. Section 57-10-705, Mississippi Code of 1972, is 37 reenacted as follows: 38 57-10-705. As used in this article: 39 (a) "Agency" means the Mississippi Development 40 Authority. 41 (b) "Funding" means grants, loans, or a combination of 42 grants and loans. 43 (c) "Healthy food retailers" means retailers that sell 44 quality fresh fruits and vegetables, in natural and/or frozen 45 H. B. No. 1453 *HR26/R1952* ~ OFFICIAL ~ 25/HR26/R1952 PAGE 3 (RF\KW) form, including, but not limited to, supermarkets, grocery stores, 46 convenience stores and farmers' markets. 47 (d) "Program" means technical assistance and a 48 public-private partnership established in the state by the 49 Mississippi Development Authority to identify and/or provide a 50 dedicated source of funding and other financing for food retailers 51 that increase access to fresh fruits and vegetables, in natural 52 and/or frozen form, and other affordable healthy food for 53 Mississippi residents overseen by the Mississippi Development 54 Authority. 55 (e) "Underserved community" means a geographic area 56 that has limited access to healthy food retailers, or an area that 57 is otherwise determined to have serious healthy food access 58 limitations, that is located in a county that has been designated 59 by the Department of Revenue as a Tier Two or Tier Three area 60 under the provisions of Section 57-73-21(1). 61 SECTION 4. Section 57-10-707, Mississippi Code of 1972, is 62 reenacted as follows: 63 57-10-707. (1) To the extent funds are available, the 64 Mississippi Development Authority, in cooperation with public and 65 private sector partners, is authorized to establish a program 66 modeled on comparable initiatives throughout the nation that 67 provides grants and loans and/or promotes access to healthy food 68 retailers that increase access to fresh fruits and vegetables, in 69 H. B. No. 1453 *HR26/R1952* ~ OFFICIAL ~ 25/HR26/R1952 PAGE 4 (RF\KW) natural and/or frozen form, and other affordable healthy food in 70 underserved communities. 71 (2) The agency may contract with one or more qualified 72 nonprofit organizations or community development financial 73 institutions to administer the program described in this article 74 through a public-private partnership, to raise matching funds, 75 market the program statewide, evaluate applicants, make award 76 decisions, underwrite loans and monitor compliance and impact. 77 The agency and its partners shall coordinate with complementary 78 nutrition assistance and education programs. 79 (3) Any funding provided under the program shall be provided 80 on a competitive, one-time basis as appropriate for
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