Mississippi Legislature

2000 Regular Session

Senate Bill 3316

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Bill Text

History of Actions

Amendments

Background

Title

Description: Bonds; increase the amount of bonds that may be issued under certain programs administered by DECD.

Bill Text: [Introduced] [Committee Substitute] [Passed Senate] [Sent to Governor]

History of Actions:

103/27/00(S)Referred To Finance
203/28/00(S)Title Suff Do Pass Comm Sub
303/29/00(S)Committee Substitute Adopted
403/29/00(S)Passed
503/30/00(S)Transmitted To House
604/04/00(H)Referred To Ways and Means
704/12/00(H)Title Suff Do Pass As Amended
804/14/00(H)Amended
904/14/00(H)Passed As Amended
1004/17/00(H)Returned For Concurrence
1104/18/00(S)Decline to Concur/Invite Conf
1204/25/00(S)Conferees Named Minor,Nunnelee,Robertson
1304/25/00(H)Conferees Named McCoy,Morris,Smith (39th)
1404/29/00(H)Conference Report Filed
1504/29/00(S)Conference Report Filed
1605/01/00(H)Conference Report Adopted
1705/01/00(S)Conference Report Adopted
1805/03/00(S)Enrolled Bill Signed
1905/04/00(H)Enrolled Bill Signed
2005/22/00Approved by Governor

Amendments/Conference Report:

Adopted [H] Amendment No 1

Conference Report

Background Information:

Effective datePassage
DispositionLaw
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes
Chapter number584

Senate Committee:

House Committee:

Principal Author: Minor

Code Sections: A 057-0001-0307, A 057-0061-0036, A 065-0004-0025, A 069-0002-0013, A 069-0002-0019, A 057-0075-0015

Title: AN ACT TO AMEND SECTION 57-1-307, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF GENERAL OBLIGATION BONDS THAT MAY BE ISSUED UNDER THE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN PROGRAM FOR PROJECTS THAT WOULD QUALIFY FOR THE ISSUANCE OF BONDS WHOSE INTEREST IS EXEMPT FROM INCOME TAXATION UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE, FROM $5,000,000.00 TO $13,000,000.00; TO AMEND SECTION 57-61-36, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF GRANTS THAT MAY BE ISSUED BY THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT UNDER THE DEVELOPMENT INFRASTRUCTURE GRANT PROGRAM UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT FROM $9,000,000.00 TO $10,500,000.00; TO AUTHORIZE THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT TO UTILIZE NOT MORE THAN $750,000.00 OF THE BOND PROCEEDS UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT TO MATCH FEDERAL FUNDS AVAILABLE FROM THE UNITED STATES DEPARTMENT OF AGRICULTURE FOR THE PURPOSE OF ESTABLISHING AN INTERMEDIARY RELENDING PROGRAM TO BE ADMINISTERED BY THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT; TO AMEND SECTION 65-4-25, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF GENERAL OBLIGATION BONDS THAT MAY BE ISSUED UNDER THE ECONOMIC DEVELOPMENT HIGHWAY ACT FROM $135,000,000.00 TO $150,000,000.00; TO AMEND SECTION 69-2-13, MISSISSIPPI CODE OF 1972, TO EXTEND THE PROGRAM THAT AUTHORIZES THE MISSISSIPPI BUSINESS FINANCE CORPORATION TO LOAN OR GRANT FUNDS TO CERTAIN ENTITIES FOR LOAN REVOLVING FUNDS TO ASSIST IN PROVIDING FINANCING FOR MINORITY ECONOMIC DEVELOPMENT AND TO INCREASE THE AMOUNT THAT MAY BE DRAWN FOR SUCH PURPOSE FROM THE EMERGING CROPS FUND FROM $16,000,000.00 TO $18,000,000.00; TO AUTHORIZE THE PROGRAM THAT GUARANTEES CERTAIN BONDS THAT MINORITY BUSINESSES ARE REQUIRED TO OBTAIN CONTRACTS WITH GOVERNMENTAL ENTITIES TO APPLY TO CONTRACTS WITH FEDERAL AGENCIES; TO EXTEND THE DATE OF THE REPEAL OF PROVISIONS CONCERNING THE SMALL FARM DEVELOPMENT CENTER AT ALCORN STATE UNIVERSITY; TO AMEND SECTION 69-2-19, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF THE BONDS THAT MAY BE ISSUED FOR THE EMERGING CROPS FUND FROM $95,000,000.00 TO $97,000,000.00; TO AMEND SECTION 57-75-15, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF BONDS THAT MAY BE ISSUED UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT FOR CERTAIN PROJECTS FROM $62,000,000.00 TO $64,250,000.00; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 05/22/00 at 00:01.



End Of Document

2000/pdf/History/SB/SB3316.htm