Mississippi Legislature

2000 Regular Session

Senate Bill 3233

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Bill Text

History of Actions

Background

Title

Description: Emerging Crops Fund; increase amount of bonds for minority economic development, extend repealer on such assistance (DECD).

Bill Text: [Introduced]

History of Actions:

103/16/00(S)Referred To Finance
203/29/00(S)Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

Senate Committee:

Principal Author: Horhn

Additional Authors: Simmons, Walls, Harden, Johnson (38th), Jordan, Jackson, Turner, Blackmon

Code Sections: A 069-0002-0013, A 069-0002-0019

Title: AN ACT TO AMEND SECTION 69-2-13, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $16,000,000.00 TO $24,000,000.00, THE AMOUNT OF MONEY THAT MAY BE DRAWN FROM THE EMERGING CROPS FUND BY THE MISSISSIPPI BUSINESS FINANCE CORPORATION TO ASSIST IN PROVIDING FINANCING FOR MINORITY ECONOMIC DEVELOPMENT; TO REMOVE THE REPEAL DATE ON THE MISSISSIPPI BUSINESS FINANCE CORPORATION'S AUTHORITY TO PROVIDE SUCH ASSISTANCE; TO INCLUDE CONTRACTS WITH FEDERAL DEPARTMENTS AND AGENCIES IN THE TYPES OF CONTRACTS FOR WHICH THE MISSISSIPPI BUSINESS FINANCE CORPORATION WILL GUARANTEE BID, PERFORMANCE AND PAYMENT BONDS WHICH MINORITY BUSINESSES ARE REQUIRED TO OBTAIN FOR SUCH CONTRACTS; TO PROVIDE THAT THE MISSISSIPPI BUSINESS FINANCE CORPORATION SHALL MAKE LOANS FROM THE EMERGING CROPS FUND TO PRODUCERS OF SWEET POTATOES AND COOPERATIVES OWNED BY SWEET POTATO PRODUCERS TO ASSIST IN THE PLANTING OF SWEET POTATOES AND THE PURCHASE OF SWEET POTATO PRODUCTION AND HARVESTING EQUIPMENT; TO AMEND SECTION 69-2-19, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $95,000,000.00 TO $103,000,000.00, THE AMOUNT OF BONDS THAT MAY BE ISSUED TO PROVIDE FUNDS FOR THE EMERGING CROPS FUND; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/29/00 at 14:36.



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