Mississippi Legislature
2004 Regular Session

House Bill 1791

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Bill Text

History of Actions

Amendments

Background

Title

Description: Bonds; increase amount authorized for certain Mississippi Development Authority programs.

Bill Text: [Introduced] [Committee Substitute] [Passed House]

History of Actions:

1 03/29 (H) Referred To Ways and Means
2 03/30 (H) Title Suff Do Pass Comm Sub
3 03/30 (H) Read the Third Time
4 03/31 (H) Committee Substitute Adopted
5 03/31 (H) Passed
6 04/01 (H) Transmitted To Senate
7 04/02 (S) Referred To Finance
8 04/14 (S) Title Suff Do Pass As Amended
9 04/20 (S) Amended
10 04/20 (S) Passed As Amended
11 04/21 (S) Returned For Concurrence
12 04/22 (H) Decline to Concur/Invite Conf
13 04/26 (H) Conferees Named Watson,Howell,Calhoun
14 04/27 (S) Conferees Named Robertson,Michel,Morgan
15 05/01 (S) Conference Report Filed
16 05/01 (H) Conference Report Filed
17 05/02 (H) Conference Report Adopted
18 05/02 (S) Conference Report Adopted
19 05/02 (S) Reconsidered
20 05/02 (S) Recommitted For Further Conf
21 05/05 Suspend from Deadlines by HC 127
22 05/06 (H) Reconsidered
23 05/06 (H) Recommitted For Further Conf
24 05/09 (H) Died In Conference

Amendments/Conference Report:

Adopted [S] Committee Amendment No 1
   
[S] Amendment Report for House Bill No. 1791

Conference Report

Background Information:

Effective datePassage
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths
Suspension measureHC 127

House Committee:

Senate Committee:

Principal Author: Howell

Additional Authors: Smith (39th), Morris, Read, Watson

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

Title: AN ACT TO AMEND SECTION 57-61-25, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $290,000,000.00 TO $292,000,000.00 THE AMOUNT OF GENERAL OBLIGATION BONDS THAT MAY BE ISSUED UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT; TO AMEND SECTION 57-61-36, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $8,500,000.00 TO $10,500,000.00 THE AMOUNT OF BOND PROCEEDS THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY MAY UTILIZE UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT TO MAKE GRANTS OR LOANS TO COUNTIES AND MUNICIPALITIES THROUGH AN EQUIPMENT AND PUBLIC FACILITIES GRANT AND LOAN FUND TO AID IN INFRASTRUCTURE-RELATED IMPROVEMENTS, THE PURCHASE OF EQUIPMENT AND IN THE PURCHASE, CONSTRUCTION OR REPAIR AND RENOVATION OF PUBLIC FACILITIES; TO EXTEND THE DATE OF REPEAL FROM JULY 1, 2004, TO JULY 1, 2006, ON THE PROVISION OF LAW THAT AUTHORIZES THE MISSISSIPPI DEVELOPMENT AUTHORITY TO USE A PORTION OF THE PROCEEDS OF BONDS ISSUED UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT TO MAKE INTEREST BEARING LOANS TO CERTAIN ENTITIES THROUGH A HOUSING DEVELOPMENT REVOLVING LOAN FUND FOR LOW OR MODERATE INCOME HOUSING PURPOSES; TO AMEND SECTION 57-61-15, MISSISSIPPI CODE OF 1972, TO EXTEND THE REVERTER ON THE PROVISION THAT REQUIRES THAT A MINIMUM OF FIFTEEN PERCENT OF CERTAIN BOND PROCEEDS UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT BE ALLOCATED TO SMALL COMMUNITIES; TO AMEND SECTION 69-2-13, MISSISSIPPI CODE OF 1972, TO REMOVE THE JUNE 30, 2004, REPEAL DATE ON THE PROGRAM THAT AUTHORIZES THE MISSISSIPPI DEVELOPMENT AUTHORITY TO LOAN OR GRANT FUNDS FROM THE EMERGING CROPS FUND TO ASSIST IN PROVIDING FINANCING FOR MINORITY ECONOMIC DEVELOPMENT AND TO INCREASE THE AMOUNT THAT MAY BE DRAWN FOR SUCH PURPOSE FROM $25,000,000.00 TO $27,000,000.00; TO EXTEND THE REPEALER ON THE PROVISION OF LAW PROVIDING CERTAIN FUNDS TO THE AGRIBUSINESS AND NATURAL RESOURCE DEVELOPMENT CENTER THROUGH ALCORN STATE UNIVERSITY DURING FISCAL YEAR 2001 AND FISCAL YEAR 2002; TO REQUIRE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO PROVIDE FUNDS FROM THE EMERGING CROPS FUND TO THE DEPARTMENT OF AGRICULTURE AND COMMERCE TO BE USED FOR MARKETING ACTIVITIES TO PROMOTE MISSISSIPPI-PRODUCED COMMODITIES AND RESOURCES; TO AMEND SECTION 69-2-19, MISSISSIPPI CODE OF 1972, TO INCREASE THE AGGREGATE AMOUNT OF STATE GENERAL OBLIGATION BONDS THAT MAY BE ISSUED FOR THE EMERGING CROPS FUND FROM $104,000,000.00 TO $106,000,000.00; TO AMEND SECTION 65-4-15, MISSISSIPPI CODE OF 1972, TO PROHIBIT THE USE OF MONEY FROM THE ECONOMIC DEVELOPMENT HIGHWAY FUND FOR PROJECTS THAT ARE BEING DEVELOPED FOR THE PRIMARY PURPOSE OF CONDUCTING RETAIL SALES UNLESS THE MISSISSIPPI DEVELOPMENT AUTHORITY HAS RECEIVED AN APPLICATION FOR A PROJECT BEFORE JULY 1, 2004; TO AMEND SECTION 65-4-25, MISSISSIPPI CODE OF 1972, TO INCREASE BY $20,000,000.00 THE AMOUNT OF STATE GENERAL OBLIGATION BONDS THAT MAY BE ISSUED UNDER THE ECONOMIC DEVELOPMENT HIGHWAY ACT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 05/10/04 at 13:45.

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2004/pdf/History/HB/HB1791.htm