Mississippi Legislature
2003 Regular Session

House Bill 1352

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Bill Text

History of Actions

Background

Title

Description: Southwest Mississippi Empowerment Zone Grant Program; create and issue state general obligation bonds to fund.

Bill Text: [Introduced]

History of Actions:

1 01/20 (H) Referred To Ways and Means
2 02/04 (H) Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths

House Committee:

Principal Author: West

Title: AN ACT TO CREATE THE SOUTHWEST MISSISSIPPI EMPOWERMENT ZONE ACT; TO ESTABLISH UNDER THE DIRECTION OF THE MISSISSIPPI DEVELOPMENT AUTHORITY THE SOUTHWEST MISSISSIPPI EMPOWERMENT ZONE GRANT PROGRAM FOR THE PURPOSE OF MAKING GRANTS TO ELIGIBLE BUSINESSES FOR THE PURPOSE OF STIMULATING BUSINESS AND INDUSTRIAL GROWTH IN THE SOUTHWEST MISSISSIPPI EMPOWERMENT ZONE; TO ESTABLISH CERTAIN CRITERIA THAT A BUSINESS MUST MEET IN ORDER TO BE ELIGIBLE FOR ASSISTANCE UNDER THIS ACT; TO REQUIRE THAT UNDER CERTAIN CIRCUMSTANCES A BUSINESS RECEIVING ASSISTANCE SHALL BE REQUIRED TO REPAY ALL OR A PORTION OF SUCH ASSISTANCE; TO CREATE A SPECIAL FUND KNOWN AS THE SOUTHWEST MISSISSIPPI EMPOWERMENT ZONE GRANT FUND INTO WHICH ALL MONEY RECEIVED FROM THE ISSUANCE OF BONDS PURSUANT TO THIS ACT SHALL BE DEPOSITED; TO PROVIDE FOR THE ISSUANCE OF $35,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO FUND THE SOUTHWEST MISSISSIPPI EMPOWERMENT ZONE GRANT PROGRAM; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/04/03 at 17:51.

End Of Document
2003/pdf/History/HB/HB1352.htm