[Introduced] [Committee Substitute] [Passed House] [Sent to Governor]
History of Actions | Background | Title |
Description: MS Business Investment Act; increase amount of bonds that may be issued and increase amount for loans for incubation centers.
| 1 | 01/29/98 | (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) | Passed | |
| 5 | 01/29/98 | (H) | Transmitted To Senate | |
| 6 | 01/30/98 | (S) | Referred To Finance | |
| 7 | 03/12/98 | (S) | Title Suff Do Pass As Amended | |
| 8 | 03/13/98 | (S) | Amended | |
| 9 | 03/13/98 | (S) | Passed As Amended | |
| 10 | 03/13/98 | (S) | Returned For Concurrence | |
| 11 | 03/18/98 | (H) | Decline to Concur/Invite Conf | |
| 12 | 03/20/98 | (H) | Conferees Named Stribling,Cameron,Howell | |
| 13 | 03/26/98 | (S) | Conferees Named Bryan,Horhn,Carlton | |
| 14 | 03/28/98 | (S) | Conference Report Filed | |
| 15 | 03/28/98 | (H) | Conference Report Filed | |
| 16 | 03/29/98 | (S) | Conference Report Adopted | |
| 17 | 03/30/98 | (H) | Conference Report Adopted | |
| 18 | 04/02/98 | (H) | Enrolled Bill Signed | |
| 19 | 04/03/98 | (S) | Enrolled Bill Signed | |
| 20 | 04/03/98 | Due From Governor 04/21/98 | ||
| 21 | 04/14/98 | Approved by Governor |
| Effective date | July 2, 1998 | |
| Disposition | Law | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes | |
| Chapter number | 559 |
House Committee:
Senate Committee:
Principal Author: Williams
Code Sections: A 057-0061-0025, A 057-0061-0034, A 057-0061-0036
Title: AN ACT TO AMEND SECTION 57-61-25, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $225,000,000.00 TO $254,750,000.00 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; TO AMEND SECTION 57-61-36, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $2,000,000.00 TO $9,000,000.00 THE AMOUNT OF BOND PROCEEDS THAT THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT MAY UTILIZE FOR THE PURPOSE OF MAKING GRANTS TO COUNTIES AND MUNICIPALITIES UNDER THE DEVELOPMENT INFRASTRUCTURE GRANT PROGRAM; TO INCREASE FROM $2,000,000.00 TO $7,000,000.00 THE AMOUNT OF BONDS THAT THE MISSISSIPPI DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT MAY USE FOR LOW TO MODERATE INCOME HOUSING PURPOSES AND TO PROVIDE THAT THE AUTHORITY FOR THE USE OF BONDS FOR SUCH PURPOSES WILL BE REPEALED ON JULY 1, 2001; TO CREATE A NEW CODE SECTION TO BE CODIFIED AS SECTION 57-61-42, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE USE OF NOT MORE THAN $3,500,000.00 OF BOND PROCEEDS BY THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT TO PROVIDE CERTAIN JOB SERVICES IN THE LESS DEVELOPED COUNTIES OF THIS STATE; TO CREATE A NEW CODE SECTION TO BE CODIFIED AS SECTION 57-61-43, MISSISSIPPI CODE OF 1972, TO REQUIRE THE USE OF NOT MORE THAN $1,500,000.00 OF BOND PROCEEDS BY THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT FOR A GRANT TO PROVIDE FUNDS FOR THE SMALL LOAN GRANT PROGRAM AT ALCORN STATE UNIVERSITY; TO CREATE A NEW CODE SECTION TO BE CODIFIED AS SECTION 57-61-44, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE DEPOSIT OF NOT MORE THAN $750,000.00 OF BOND PROCEEDS BY THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT INTO A REVOLVING LOAN FUND CREATED IN SECTION 43-3-103, MISSISSIPPI CODE OF 1972, FOR USE BY THE MISSISSIPPI INDUSTRIES FOR THE BLIND; AND FOR RELATED PURPOSES.
End Of Document
1998/History/HB\HB1694.htm