Section 57-125-5 - Development, implementation and administration of incentive program; requests for payments; review and approval of requests

(1) The MDA shall develop, implement and administer the incentive program authorized in Sections 17 through 19 of this act and shall promulgate rules and regulations necessary for the development, implementation and administration of such program.(2) An approved participant qualifying for incentive payments under Sections 17 through 19 of this act must submit requests for such payments. MDA shall review the request and determine if the incentive payment is due. If the request is approved, MDA will issue the incentive payment as provided for in Sections 17 through 19 of this act no more frequently than on a quarterly basis. The liability of the State of Mississippi to make the incentive payments under Sections 17 through 19 of this act shall be limited to the balance contained in the fund.Added by Laws, 2024EX2, ch. 3, SB 2001,§ 19, eff. 1/30/2024.