Mississippi Legislature
2003 Regular Session

House Bill 1493

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Bill Text

History of Actions

Amendments

Background

Title

Description: Emerging Crops Fund; increase amount of bonds that may be issued for and extend repealer on certain provisions.

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

History of Actions:

1 02/10 (H) Referred To Ways and Means
2 02/20 (H) Title Suff Do Pass Comm Sub
3 02/25 (H) Committee Substitute Adopted
4 02/25 (H) Passed
5 02/25 (H) Motion to Reconsider Entered
6 02/26 (H) Motion to Reconsider Tabled
7 02/27 (H) Transmitted To Senate
8 02/27 (S) Referred To Finance
9 03/04 (S) Title Suff Do Pass
10 03/05 (S) Passed
11 03/06 (S) Motion to Reconsider Entered
12 03/12 (S) Reconsidered
13 03/12 (S) Amended
14 03/12 (S) Passed As Amended
15 03/14 (S) Returned For Concurrence
16 03/18 (H) Decline to Concur/Invite Conf
17 03/21 (S) Conferees Named Minor,Nunnelee,Furniss
18 03/24 (H) Conferees Named Morris,Smith (39th),Eaton
19 03/29 (S) Conference Report Filed
20 03/29 (H) Conference Report Filed
21 03/30 (H) Conference Report Adopted
22 03/30 (S) Conference Report Adopted
23 04/01 (S) Enrolled Bill Signed
24 04/01 (H) Enrolled Bill Signed
25 04/15 Approved by Governor

Amendments/Conference Report:

Adopted [S] Amendment No 1 (Cmte Sub)

Conference Report

Background Information:

Effective datePassage
DispositionLaw
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths
Chapter number504

House Committee:

Senate Committee:

Principal Author: McCoy

Additional Authors: Morris, Smith (39th)

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 $21,000,000.00 TO $35,000,000.00, THE AMOUNT THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY MAY DRAW FROM THE EMERGING CROPS FUND TO PROVIDE LOANS AND LOAN GUARANTIES TO OR ON BEHALF OF ANY AGRIBUSINESS ENTERPRISE ENGAGED IN BEEF PROCESSING FOR THE PURPOSE OF ENCOURAGING THE EXTENSION OF CONVENTIONAL FINANCING AND THE ISSUANCE OF LETTERS OF CREDIT TO SUCH AGRIBUSINESS ENTERPRISES BY PRIVATE INSTITUTIONS; TO EXTEND THE PROGRAM THAT AUTHORIZES THE MISSISSIPPI DEVELOPMENT AUTHORITY TO LOAN OR GRANT FUNDS FROM THE EMERGING CROPS FUND 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 $23,000,000.00 TO $25,000,000.00; TO INCREASE FROM $700,000.00 TO $1,200,000.00, THE AMOUNT THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY SHALL PROVIDE FROM THE EMERGING CROPS FUND TO THE MISSISSIPPI DEPARTMENT OF AGRICULTURE AND COMMERCE FOR THE PURPOSE OF CERTAIN LOAN PROGRAMS AND OTHER METHODS OF FINANCING FOR CERTAIN AGRIBUSINESS PROGRAMS; TO EXTEND THE REPEALER ON MONIES MADE AVAILABLE TO THE AGRIBUSINESS AND NATURAL RESOURCE DEVELOPMENT CENTER AT ALCORN STATE UNIVERSITY FROM THE EMERGING CROPS FUND; TO REQUIRE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO PROVIDE FUNDS FROM THE EMERGING CROPS FUND TO THE MISSISSIPPI DEPARTMENT OF AGRICULTURE AND COMMERCE TO BE USED FOR REHABILITATION, MAINTENANCE AND ADVERTISING OF THE MISSISSIPPI FARMERS CENTRAL MARKET; TO AMEND SECTION 69-2-19, MISSISSIPPI CODE OF 1972, TO INCREASE THE AGGREGATE AMOUNT OF BONDS THAT MAY BE ISSUED FOR THE EMERGING CROPS FUND; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/16/03 at 11:59.

End Of Document
2003/pdf/History/HB/HB1493.htm