Mississippi Legislature

1999 Regular Session

Senate Bill 2171

[Introduced]

Instructions Bill Status Menu




History of Actions

Background

Title

Description: Bonds; issue bonds to construct an access road to the Grand Gulf Nuclear Facility.

History of Actions:

101/05/99(S)Referred To Finance
202/24/99(S)Died In Committee

Background Information:

Effective dateJuly 1, 1999
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

Senate Committee:

Principal Author: Posey

Code Section: A 027-0035-0309

Title: AN ACT TO PROVIDE FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS IN THE AMOUNT OF $10,000,000.00 FOR THE PURPOSE OF PAYING THE COSTS OF CONSTRUCTING A NEW TWO-LANE HIGHWAY FROM U.S. HIGHWAY 61 NORTH OF PORT GIBSON, MISSISSIPPI, TO GRAND GULF ROAD ON THE NORTHERN SIDE OF THE GRAND GULF NUCLEAR POWER STATION IN CLAIBORNE COUNTY, MISSISSIPPI; TO AMEND SECTION 27-35-309, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE STATE'S SHARE OF NUCLEAR GENERATING PLANT PAYMENTS IN LIEU OF AD VALOREM TAXES SHALL BE DEPOSITED INTO THE GRAND GULF ACCESS ROAD BOND SINKING FUND TO BE UTILIZED TO PAY THE DEBT SERVICE ON THE BONDS ISSUED PURSUANT TO THIS ACT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/24/99 at 14:24.



End Of Document

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