Mississippi Legislature
2002 Regular Session

House Bill 988

Main Menu


Bill Text

History of Actions

Background

Title

Description: Master Water Management Districts Revolving Loan Fund; create and issue general obligation bonds to fund.

Bill Text: [Introduced]

History of Actions:

1 01/21 (H) Referred To Ways and Means
2 02/27 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2002
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: Simpson

Code Sections: A 051-0007-0027, A 051-0007-0029, A 051-0007-0041

Title: AN ACT TO ESTABLISH A MASTER WATER DISTRICT REVOLVING LOAN PROGRAM TO BE ADMINISTERED BY THE MISSISSIPPI COMMISSION ON ENVIRONMENTAL QUALITY FOR THE PURPOSE OF ASSISTING MASTER WATER MANAGEMENT DISTRICTS IN CARRYING OUT CERTAIN PROJECTS; TO CREATE A SPECIAL FUND IN THE STATE TREASURY DESIGNATED AS THE "MASTER WATER MANAGEMENT DISTRICTS REVOLVING LOAN FUND" FROM WHICH SUCH LOANS MAY BE MADE; TO PRESCRIBE THE DUTIES OF THE MISSISSIPPI COMMISSION ON ENVIRONMENTAL QUALITY REGARDING THE REVOLVING LOAN PROGRAM; TO AUTHORIZE THE ISSUANCE OF $10,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE REVOLVING LOAN PROGRAM ESTABLISHED UNDER THIS ACT; TO AMEND SECTIONS 51-7-27 AND 51-7-29, MISSISSIPPI CODE OF 1972, TO AUTHORIZE MASTER WATER MANAGEMENT DISTRICTS TO APPLY FOR LOANS UNDER THE REVOLVING LOAN PROGRAM ESTABLISHED UNDER THIS ACT; TO AUTHORIZE MASTER WATER MANAGEMENT DISTRICTS TO LEVY SPECIAL ASSESSMENT TAXES ON BENEFITED PROPERTY WITHIN A DISTRICT FOR THE PURPOSE OF REPAYING AND SECURING SUCH LOANS; TO AMEND SECTION 51-7-41, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/27/02 at 16:58.

End Of Document
2002/html/History/HB/HB0988.htm