Description: Bonds; issue general obligation bonds for improvements to state-owned shipyard located in Jackson County.
Bill Text: [Introduced]
History of Actions:
|1||11/15 (H) Referred To Ways and Means|
|2||11/22 (H) Died In Committee|
|Vote type required||Three/Fifths|
Principal Author: Reeves
Additional Authors: Reynolds, Bondurant, Upshaw, Bounds, Beckett, Ishee, Masterson, Vince, Sullivan, Smith (39th), Mayo, Parker, Hamilton (6th), Chism, Turner, Rotenberry, Staples, Warren, Formby, Janus, Frierson, Bentz, Lott, Aldridge, Simpson, Gunn, Patterson, Carlton, Baker (8th), Peranich, Weathersby, Barnett, Rogers (14th), Jennings, Smith (59th), Nicholson, Akins, Gregory, Woods, Rogers (61st), Fredericks, Ward, Pierce
Title: AN ACT TO AUTHORIZE THE ISSUANCE OF $40,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR CAPITAL IMPROVEMENTS AT THE STATE-OWNED SHIPYARD LOCATED IN JACKSON COUNTY, MISSISSIPPI; TO PROVIDE THAT THE ISSUANCE OF SUCH BONDS SHALL BE CONDITIONED ON THE LESSEE INCURRING A CERTAIN AMOUNT OF DEBT FOR CAPITAL IMPROVEMENTS, CAPITAL INVESTMENTS OR CAPITAL UPGRADES TO SHIPYARDS IN MISSISSIPPI OWNED OR LEASED BY SUCH LESSEE; AND FOR RELATED PURPOSES.
End Of Document