Mississippi Legislature
2002 Regular Session

House Bill 20

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Bill Text

History of Actions

Background

Title

Description: Mississippi Major Economic Impact Act; revise definition of project and increase amount of bonds authorized for certain projects.

Bill Text: [Introduced]

History of Actions:

1 01/08 (H) Referred To Ways and Means
2 02/27 (H) Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: Clark

Code Sections: A 057-0075-0005, A 057-0075-0015

Title: AN ACT TO AMEND SECTION 57-75-5, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "PROJECT" UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT TO INCLUDE ANY MAJOR CAPITAL PROJECT DESIGNED TO CONSTRUCT THE INITIAL MANUFACTURING FACTORY IN HOLMES COUNTY, MISSISSIPPI AND TO CONSTRUCT THE CORPORATE HEADQUARTERS AND ADDITIONAL MANUFACTURING CAPABILITY IN THE GOLDEN TRIANGLE REGION OF THE STATE FOR ANY MISSISSIPPI CORPORATION THAT MANUFACTURES THIN FILM POLYMER LITHIUM-ION RECHARGEABLE BATTERIES AND HAS A TEN-YEAR STRATEGIC PLAN OF SUPPORTING 1,500 DIRECT PROJECT-RELATED JOBS FOR EACH GROUP OF POLYMER LITHIUM-ION RECHARGEABLE BATTERY CONTRACTS AMOUNTING TO $40,000,000.00; TO AMEND SECTION 57-75-15, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF BONDS THAT MAY BE ISSUED FOR CERTAIN PROJECTS UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT FROM $20,370,000.00 TO $29,370,000.00, AND TO REVISE THE DATE BY WHICH BONDS FOR CERTAIN PROJECTS MUST BE ISSUED; AND FOR RELATED PURPOSES.


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

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