History of Actions | Background | Title |
Description: Bonds; issue general obligation bonds for purpose of making loans to help provide affordable housing to certain persons.
| 1 | 02/19/97 | (H) | Referred To Ways and Means | |
| 2 | 02/26/97 | (H) | Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
House Committee:
Principal Author: Reynolds
Title: AN ACT TO CREATE A SPECIAL FUND IN THE STATE TREASURY, DESIGNATED AS THE "AFFORDABLE HOUSING REVOLVING LOAN FUND"; TO PROVIDE THAT THE MISSISSIPPI DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT SHALL ADMINISTER SUCH FUND AS A REVOLVING FUND FOR THE PURPOSE OF MAKING LOANS TO HELP PROVIDE AFFORDABLE HOUSING TO VERY LOW INCOME, LOW INCOME, AND MODERATE INCOME PERSONS THROUGH A LOAN PROGRAM WHICH SHALL BE ESTABLISHED AND IMPLEMENTED BY THE DEPARTMENT; TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE OF MISSISSIPPI IN THE AMOUNT OF $20,000,000.00 TO FUND THE AFFORDABLE HOUSING REVOLVING LOAN FUND; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB1817.htm