History of Actions | Background | Title |
Description: Casino Infrastructure program; increase maximum bonds, restrict use of monies in debt service fund.
| 1 | 01/30/98 | (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: Barnett (116th)
Additional Authors: Cameron, Fredericks, Janus, Ketchings, Peranich, Ryan, Simpson
Code Sections: A 065-0039-0005, A 065-0039-0003
Title: AN ACT TO AMEND SECTION 65-39-5, MISSISSIPPI CODE OF 1972, TO INCREASE THE MAXIMUM AMOUNT OF BONDS THAT MAY BE ISSUED TO PROVIDE FUNDS FOR THE GAMING COUNTIES INFRASTRUCTURE PROGRAM; TO EXPRESS THE INTENT OF THE LEGISLATURE THAT THE MISSISSIPPI TRANSPORTATION COMMISSION ADOPT RESOLUTIONS CALLING FOR THE ISSUANCE OF BONDS AS OFTEN AND AS FREQUENTLY AS MAY BE NECESSARY TO INSURE THE AVAILABILITY OF SUFFICIENT FUNDS TO PROVIDE TIMELY COMPLETION OF GAMING COUNTIES INFRASTRUCTURE PROJECTS; TO AMEND SECTION 65-39-3, MISSISSIPPI CODE OF 1972, TO RESTRICT THE USE OF MONIES IN THE GAMING COUNTIES BOND SINKING FUND TO THE PAYMENT OF INTEREST AND PRINCIPAL ON BONDS AND NOTES ISSUED FOR THE PURPOSE OF PROVIDING FUNDS FOR GAMING COUNTIES INFRASTRUCTURE PROJECTS, AND TO DELETE THE AUTHORITY TO TRANSFER MONIES IN THE GAMING COUNTIES BOND SINKING FUND TO THE GAMING COUNTIES STATE ASSISTED INFRASTRUCTURE FUND; AND FOR RELATED PURPOSES.
End Of Document
1998/History/HB\HB1699.htm