The ceremony will honor Presley for his contribution to Mississippi and America's blues heritage.
He was born in Tupelo on Jan. 8, 1935. Presley died at his Graceland mansion in Memphis, Tenn., on Aug. 16, 1977. He first encountered the blues in Tupelo, and it remained central to his music throughout his career.
His early recordings helped revolutionize popular music with a unique mix of blues and country music, which led many rock 'n' roll artists to follow his lead.
"By all accounts, Elvis Presley was the single greatest influence on modern-day rock 'n' roll in America, and much of his musical inspiration drew on the Mississippi blues," Gov. Haley Barbour said in a statement Friday.
The event is sponsored by the Mississippi Development Authority's Tourism Heritage Trails Program, the Mississippi Blues Commission, the Tupelo Convention & Visitors Bureau and the Elvis Presley Birthplace Museum.
