Bill Text | History of Actions | Background | Title |
Description: Mississippi Business Investment Act; increase bonds for certain grants or loans to counties and municipalities.
Bill Text: [Introduced]
| 1 | 11/08 (S) Referred To Finance | |
| 2 | 11/22 (S) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | None | |
| Revenue | No | |
| Vote type required | Three/Fifths |
Senate Committee:
Principal Author: Robertson
Code Sections: A 057-0061-0025, A 057-0061-0036
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; AND FOR RELATED PURPOSES.
End Of Document
20043E/pdf/History/SB/SB2005.htm