The Gulf Opportunity Zone Act of 2005 is federal legislation that was passed by Congress and signed into law by President Bush in December of 2005. This legislation provides for Federal Tax Incentives to areas affected by Hurricanes Katrina, Rita, and Wilma that were designated as warranting individual or public and individual assistance. For additional information, please visit the Mississippi Development Authority’s website atwww.mississippi.org. Click here for a summary and brief explanation of incentives associated with “Go Zone” legislation.