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  4. Mississippi
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  6. Title 57 - Planning, Resear...
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  8. Chapter 119 - Gulf Coast Restoration Fund


Chapter 119 - Gulf Coast Restoration Fund


  • § 57-119-1. Gulf Coast Restoration Fund (GCRF) created; use of fund monies limited to projects or programs located in the Gulf Coast region
  • § 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
  • § 57-119-5. Gulf Coast Restoration Fund Advisory Board created; purpose; membership
  • § 57-119-7. Mississippi Development Authority to be administrator of the GCRF
  • § 57-119-9. Eligible applicants for assistance; eligible projects; MDA to establish criteria for accepting and reviewing applications for assistance
  • § 57-119-11. MDA authorized to establish programs for making loans, loan guarantees, grants, etc., to applicants with approved projects; prioritization of projects
  • § 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
  • § 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
  • § 57-119-17. Annual report; contents
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