Mississippi Legislature

2000 Regular Session

House Bill 546

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Bill Text

History of Actions

Background

Title

Description: Mississippi Business Finance Corporation; extend repealer on authority to issue bonds to finance economic development projects.

Bill Text: [Introduced] [Passed House] [Sent to Governor]

History of Actions:

101/25/00(H)Referred To Ways and Means
202/17/00(H)Title Suff Do Pass
302/17/00(H)Passed
402/18/00(H)Transmitted To Senate
502/21/00(S)Referred To Finance
603/21/00(S)Title Suff Do Pass
704/05/00(S)Passed
804/06/00(S)Transmitted To House
904/12/00(H)Enrolled Bill Signed
1004/13/00(S)Enrolled Bill Signed
1104/18/00Approved by Governor

Background Information:

Effective dateJuly 1, 2000
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredYes
Chapter number425

House Committee:

Senate Committee:

Principal Author: Ford

Code Sections: R 057-0010-0401, R 057-0010-0403, R 057-0010-0405, R 057-0010-0407, R 057-0010-0409, R 057-0010-0411, R 057-0010-0415, R 057-0010-0417, R 057-0010-0419, R 057-0010-0421, R 057-0010-0423, R 057-0010-0425, R 057-0010-0427, R 057-0010-0429, R 057-0010-0431, R 057-0010-0433, R 057-0010-0435, R 057-0010-0437, R 057-0010-0439, R 057-0010-0441, R 057-0010-0443, R 057-0010-0445, A 057-0010-0449, R 057-0010-0413, R 027-0007-0022.3

Title: AN ACT TO REENACT SECTIONS 57-10-401 THROUGH 57-10-445 AND SECTION 27-7-22.3, MISSISSIPPI CODE OF 1972, WHICH PROVIDE FOR THE ISSUANCE OF BONDS BY THE MISSISSIPPI BUSINESS FINANCE CORPORATION TO FINANCE ECONOMIC DEVELOPMENT PROJECTS IN ORDER TO INDUCE THE LOCATION OR EXPANSION OF MANUFACTURING FACILITIES WITHIN THIS STATE, AND PROVIDE FOR A CREDIT AGAINST STATE INCOME TAXES FOR CERTAIN COMPANIES FOR DEBT SERVICE PAID BY SUCH COMPANIES UNDER FINANCING AGREEMENTS ENTERED INTO WITH THE MISSISSIPPI BUSINESS FINANCE CORPORATION, AND PROVIDE FOR A CREDIT AGAINST STATE INCOME TAXES FOR EMPLOYEES OF CERTAIN COMPANIES WHO PAY JOB DEVELOPMENT ASSESSMENT FEES IN THE AMOUNT OF SUCH FEES; TO AMEND SECTION 57-10-449, MISSISSIPPI CODE OF 1972, TO EXTEND THE DATE OF THE REPEALER FROM OCTOBER 1, 2000, TO OCTOBER 1, 2001; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/19/00 at 00:01.



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