[Introduced] [Committee Substitute] [Passed House]
History of Actions | Background | Title |
Description: Mississippi Major Economic Impact Act; increase the amount of bonds that may be issued for certain projects (DECD).
1 | 01/28/98 | (H) | Referred To Ways and Means | |
2 | 01/29/98 | (H) | Title Suff Do Pass Comm Sub | |
3 | 01/29/98 | (H) | Committee Substitute Adopted | |
4 | 01/29/98 | (H) | Amended | |
5 | 01/29/98 | (H) | Passed As Amended | |
6 | 01/29/98 | (H) | Transmitted To Senate | |
7 | 01/30/98 | (S) | Referred To Finance | |
8 | 03/17/98 | (S) | Died In Committee |
Effective date | Passage | |
Disposition | Dead | |
Deadline | Revenue/Appropriation | |
Revenue | Yes | |
3/5ths vote required | Yes |
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.
End Of Document
1998/History/HB\HB1689.htm