Tourism; create the Mississippi Golf Association Grant Program.
Impact
The Mississippi Golf Association Grant Program Fund will consist of money from public and private sources, with unexpended amounts remaining permanently in the fund. Each grant awarded must further economic development opportunities and may be directed at both local economic development entities and local units of government. Importantly, any financial support given will require binding commitments to ensure job retention, with a minimum requirement of twenty-five jobs sustained for at least a decade.
Summary
Senate Bill 2711 establishes the Mississippi Golf Association Grant Program aimed at creating, enhancing, and revitalizing golf courses throughout the state of Mississippi. This legislation proposes the creation of a fund administered by the Mississippi Development Authority (MDA) to finance grants for local economies, focusing particularly on projects that support new or expanding golf associations. The bill signifies a strategic effort to boost both tourism and local economic development by promoting golf as an industry within the state.
Contention
While SB2711 aims to foster economic growth, potential points of contention may arise regarding the allocation of funds and the criteria established for grants. The bill includes provisions for a review process managed by the MDA, which could draw scrutiny regarding fairness and transparency, particularly in how grants are distributed across different congressional districts in the state. Critics may argue about prioritization, particularly concerning whether funds could be more effectively allocated to other critical areas of economic need.