Mississippi Legislature

1998 Regular Session

House Bill 1689

[Introduced] [Committee Substitute] [Passed House]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Mississippi Major Economic Impact Act; increase the amount of bonds that may be issued for certain projects (DECD).

History of Actions:

101/28/98(H)Referred To Ways and Means
201/29/98(H)Title Suff Do Pass Comm Sub
301/29/98(H)Committee Substitute Adopted
401/29/98(H)Amended
501/29/98(H)Passed As Amended
601/29/98(H)Transmitted To Senate
701/30/98(S)Referred To Finance
803/17/98(S)Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

House Committee:

Senate Committee:

Principal Author: Williams

Code Sections: A 057-0075-0005, A 057-0075-0015

Title: AN ACT TO AMEND SECTION 57-75-5, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "PROJECT" UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT; TO AMEND SECTION 57-75-15, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF BONDS THAT MAY BE ISSUED FOR CERTAIN PROJECTS UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT FROM $62,000,000.00 TO $137,000,000.00; TO PROVIDE THAT IF THE PROJECT BEING DEVELOPED UNDER THE NAME "PROJECT COUGAR" DOES NOT LOCATE IN MISSISSIPPI, THE AMOUNT OF SUCH BONDS SHALL BE REDUCED TO $112,000,000.00; TO AUTHORIZE THAT THE PROCEEDS OF BONDS ISSUED UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT MAY BE USED FOR THE PURPOSE OF DEFRAYING THE COST OF PROVIDING FOR THE TRAINING OR RETRAINING OF EMPLOYEES OF PROJECTS; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/17/98 at 17:36.



End Of Document

1998/History/HB\HB1689.htm