Mississippi Legislature

1998 Regular Session

Senate Bill 3174

[Introduced] [Passed Senate] [Sent to Governor]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: DECD; grant DECD certain authority with relation to "Project Cougar".

History of Actions:

102/04/98(S)Referred To Finance
202/04/98(S)Title Suff Do Pass
302/04/98(S)Amended
402/04/98(S)Passed As Amended
502/04/98(S)Transmitted To House
602/05/98(S)Motion to Reconsider Entered
702/05/98(S)Recalled From House
802/05/98(S)Motion to Reconsider Tabled
902/05/98(S)Transmitted To House
1002/05/98(H)Referred To Ways and Means
1102/05/98(H)Title Suff Do Pass
1202/06/98(H)Passed
1302/06/98(H)Transmitted To Senate
1402/06/98(S)Enrolled Bill Signed
1502/06/98(H)Enrolled Bill Signed
1602/09/98Approved by Governor

Background Information:

Effective date*Passage
DispositionLaw
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes
Chapter number301

Senate Committee:

House Committee:

Principal Author: Horhn

Title: AN ACT TO AUTHORIZE THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT (DECD) TO ACT ON BEHALF OF THE STATE IN SUBMITTING A SITING PROPOSAL FOR A CERTAIN PROJECT DESIGNATED AS "PROJECT COUGAR"; TO PROVIDE THAT IF THE STATE IS SELECTED AS THE PREFERRED SITE FOR THE PROJECT DECD SHALL BE EMPOWERED TO ACT ON BEHALF OF THE STATE AND TO REPRESENT THE STATE IN THE PLANNING, FINANCING, DEVELOPMENT, CONSTRUCTION AND OPERATION OF SUCH PROJECT; TO GRANT DECD CERTAIN ADDITIONAL POWERS WITH REGARD TO SUCH PROJECT; TO AUTHORIZE DECD TO UTILIZE THE PROCEEDS OF CERTAIN BONDS ISSUED UNDER THIS ACT TO MAKE CERTAIN INTEREST-BEARING LOANS TO COUNTIES OR MUNICIPALITIES IN ORDER FOR SUCH COUNTIES OR MUNICIPALITIES TO LEND TO THE PRIVATE COMPANY THAT IS THE PROJECT PROCEEDS OF THE LOAN TO THE COUNTY OR MUNICIPALITY; TO PROVIDE FOR THE ISSUANCE GENERAL OBLIGATION BONDS IN THE AMOUNT OF $25,000,000.00 FOR SUCH PROJECT AND TO PROVIDE FOR THE ISSUANCE GENERAL OBLIGATION BONDS IN THE AMOUNT OF $25,000,000.00 FOR INTEREST-BEARING LOANS; TO GRANT CERTAIN POWERS TO PUBLIC AGENCIES IN REGARD TO THIS ACT; AND FOR RELATED PURP0SES.


Information pertaining to this measure was last updated on 05/05/98 at 08:48.



End Of Document

1998/History/SB\SB3174.htm