History of Actions | Background | Title |
Description: Gaming Counties Infrastructure Program; revise source and authority for funding.
| 1 | 01/20/97 | (H) | Referred To Transportation;Ways and Means | |
| 2 | 02/04/97 | (H) | Died In Committee |
| Effective date | July 1, 1997 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | Yes |
House Committees:
Principal Author: Compretta
Code Sections: A 027-0057-0037, A 027-0065-0075, A 027-0005-0101, A 075-0076-0129, A 065-0039-0001, A 065-0039-0017, A 065-0039-0005, A 065-0039-0003
Title: AN ACT TO AMEND SECTION 27-57-37, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A CERTAIN AMOUNT OF THE REVENUES DERIVED FROM LUBRICATING OIL EXCISE TAX DEPOSITED TO THE CREDIT OF THE STATE HIGHWAY FUND AND DESIGNATED FOR USE FOR THE CONSTRUCTION OF HIGHWAYS UNDER THE FOUR-LANE HIGHWAY PROGRAM SHALL ALSO BE USED FOR THE GAMING COUNTIES INFRASTRUCTURE PROGRAM; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE PROCEEDS DERIVED FROM CONTRACTOR'S TAXES LEVIED ON CONTRACTS FOR THE CONSTRUCTION OF HIGHWAYS UNDER THE FOUR-LANE HIGHWAY PROGRAM AND DESIGNATED FOR USE FOR THE CONSTRUCTION OF HIGHWAYS UNDER THE FOUR-LANE HIGHWAY PROGRAM SHALL ALSO BE USED FOR THE GAMING COUNTIES INFRASTRUCTURE PROGRAM; TO AMEND SECTION 27-5-101, MISSISSIPPI CODE OF 1972, TO DELETE THE REQUIREMENT THAT BEGINNING AUGUST 15, 2002, A PORTION OF THE GASOLINE, DIESEL FUEL OR KEROSENE TAXES SHALL BE DEPOSITED INTO THE GAMING COUNTIES BOND SINKING FUND; TO AMEND SECTION 65-39-1, MISSISSIPPI CODE OF 1972, TO AMEND SECTION 75-76-129, MISSISSIPPI CODE OF 1972, TO CONTINUE BEYOND JUNE 30, 2002, THE DIVERSION OF A PORTION OF THE REVENUE DERIVED BY THE STATE UNDER THE MISSISSIPPI GAMING CONTROL ACT TO FUND THE GAMING COUNTIES INFRASTRUCTURE PROGRAM; TO AMEND SECTIONS 65-39-2 AND 65-39-17, MISSISSIPPI CODE OF 1972, TO CLARIFY THE AUTHORITY FOR THE SOURCE AND USE OF MONIES IN THE GAMING COUNTIES STATE-ASSISTED INFRASTRUCTURE FUND; TO AMEND SECTION 65-39-5, MISSISSIPPI CODE OF 1972, TO EXPRESS THE INTENT OF THE LEGISLATURE THAT THE MISSISSIPPI TRANSPORTATION COMMISSION ADOPT RESOLUTIONS CALLING FOR THE ISSUANCE OF BONDS AS OFTEN AND AS FREQUENTLY AS MAY BE NECESSARY TO INSURE THE AVAILABILITY OF SUFFICIENT FUNDS TO PROVIDE TIMELY COMPLETION OF GAMING COUNTIES INFRASTRUCTURE PROJECTS; TO AMEND SECTION 65-39-3, MISSISSIPPI CODE OF 1972, TO RESTRICT THE USE OF MONIES IN THE GAMING COUNTIES BOND SINKING FUND TO THE PAYMENT OF INTEREST AND PRINCIPAL ON BONDS AND NOTES ISSUED FOR THE PURPOSE OF PROVIDING FUNDS FOR GAMING COUNTIES INFRASTRUCTURE PROJECTS, AND TO DELETE THE AUTHORITY TO TRANSFER MONIES IN THE GAMING COUNTIES BOND SINKING FUND TO THE GAMING COUNTIES STATE ASSISTED INFRASTRUCTURE FUND; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB1610.htm