Mississippi Legislature

1998 Regular Session

Senate Bill 2770

[Introduced]

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.

History of Actions:

101/19/98(S)Referred To Finance
202/25/98(S)Died In Committee

Background Information:

Effective dateJuly 1, 1998
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

Senate Committee:

Principal Author: Bryan

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 $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 02/25/98 at 17:19.



End Of Document

1998/History/SB\SB2770.htm