History of Actions | Background | Title |
Description: Mississippi Business Investment Act; increase amount of bonds that may be issued and increase amount that may be loaned for incubation centers (DECD).
| 1 | 01/07/98 | (H) | Referred To Ways and Means | |
| 2 | 02/25/98 | (H) | Died In Committee |
| Effective date | July 1, 1998 | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
House Committee:
Principal Author: Williams
Code Sections: A 057-0061-0025, A 057-0061-0034
Title: AN ACT TO AMEND SECTION 57-61-25, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $225,000,000.00 TO $252,000,000.00 THE AGGREGATE AMOUNT OF BONDS THAT MAY BE ISSUED UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT; TO AMEND SECTION 57-61-34, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $3,000,000.00 TO $5,000,000.00 THE AMOUNT OF BOND PROCEEDS THAT THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT MAY MAKE AVAILABLE AS INTEREST BEARING LOANS TO AID IN THE ESTABLISHMENT OF BUSINESS INCUBATION CENTERS AND THE CREATION OF NEW AND EXPANDING TECHNOLOGY-BASED BUSINESS AND INDUSTRY; AND FOR RELATED PURPOSES.
End Of Document
1998/History/HB\HB0745.htm