Bill Text | History of Actions | Amendments | Background | Title |
Description: Economic Development; issue g.o. bonds for certain projects and funds; revise projects under Major Economic Impact Act.
Bill Text: [Introduced] [Passed Senate] [Sent to Governor]
| 1 | 11/08 (S) Referred To Finance | |
| 2 | 11/08 (S) Title Suff Do Pass As Amended | |
| 3 | 11/08 (S) Amended | |
| 4 | 11/08 (S) Passed As Amended | |
| 5 | 11/08 (S) Immediate Release | |
| 6 | 11/08 (S) Transmitted To House | |
| 7 | 11/08 (H) Referred To Ways and Means | |
| 8 | 11/18 (H) Title Suff Do Pass As Amended | |
| 9 | 11/18 (H) Amended | |
| 10 | 11/18 (H) Passed As Amended | |
| 11 | 11/18 (H) Immediate Release | |
| 12 | 11/18 (H) Returned For Concurrence | |
| 13 | 11/19 (S) Decline to Concur/Invite Conf | |
| 14 | 11/19 (S) Conferees Named Robertson,Doxey,Pickering | |
| 15 | 11/19 (H) Conferees Named Watson,Compretta,Rogers (61st) | |
| 16 | 11/22 (S) Conference Report Filed | |
| 17 | 11/22 (H) Conference Report Filed | |
| 18 | 11/22 (S) Conference Report Adopted | |
| 19 | 11/22 (H) Conference Report Adopted | |
| 20 | 11/22 (H) Immediate Release | |
| 21 | 11/23 (S) Enrolled Bill Signed | |
| 22 | 11/23 (H) Enrolled Bill Signed | |
| 23 | 11/24 Approved by Governor |
| Adopted | [S] | Committee Amendment No 1 |
| Adopted | [H] | Committee Amendment No 1 |
| [H] | Amendment Report for Senate Bill No. 2010 |
| Conference Report # |
| Effective date | Passage | |
| Disposition | Law | |
| Deadline | None | |
| Revenue | No | |
| Vote type required | Three/Fifths | |
| Chapter number | 1 |
Senate Committee:
House Committee:
Principal Author: Robertson
Code Sections: A 057-0001-0018, A 069-0046-0007, A 057-0061-0025, A 057-0061-0036, A 057-0075-0005, A 057-0075-0011, A 057-0075-0015, A 057-0075-0017, A 069-0002-0013, A 069-0002-0019, A 065-0037-0013, A 031-0011-0003, A 031-0007-0013, A 039-0005-0145, A 039-0011-0013
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; TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE OF MISSISSIPPI FOR THE PURPOSE OF PROVIDING FUNDS TO AID IN THE CONSTRUCTION, FURNISHING, EQUIPPING AND OPERATING OF THE UNIVERSITY MEDICAL CENTER CANCER INSTITUTE; TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE OF MISSISSIPPI FOR THE PURPOSE OF PROVIDING FUNDS TO PURCHASE EQUIPMENT FOR THE UNIVERSITY MEDICAL CENTER; TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE OF MISSISSIPPI FOR THE PURPOSE OF PROVIDING FUNDS FOR RENOVATION AND UPGRADES OF SYSTEMS AT THE LOCKHEED MARTIN LABORATORY AT THE STENNIS SPACE CENTER; TO AUTHORIZE THE ISSUANCE OF $5,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE MISSISSIPPI RURAL IMPACT FUND; TO AUTHORIZE THE ISSUANCE OF $5,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE SMALL MUNICIPALITIES AND LIMITED POPULATION COUNTIES FUND; TO AMEND SECTION 57-1-18, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A PORTION OF THE PROCEEDS OF CERTAIN BONDS MAY BE UTILIZED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY TO REIMBURSE CERTAIN COSTS RELATED TO THE ADMINISTRATION OF THE FUND AND TO LIMIT THE AMOUNT OF GRANTS ISSUED TO A MUNICIPALITY OR COUNTY DURING ANY GRANT PERIOD TO $250,000.00; TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE OF MISSISSIPPI IN THE AMOUNT OF $3,000,000.00 FOR THE PURPOSE OF PROVIDING FUNDS FOR THE MISSISSIPPI LAND, WATER AND TIMBER RESOURCES FUND; TO AMEND SECTION 69-46-7, MISSISSIPPI CODE OF 1972, TO AUTHORIZE A CERTAIN AMOUNT OF MONEY IN THE FUND TO BE UTILIZED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY, THE DEPARTMENT OF AGRICULTURE AND COMMERCE AND THE DEPARTMENT OF AUDIT TO DEFRAY COSTS INCURRED IN ASSISTING IN THE ADMINISTRATION OF THE MISSISSIPPI LAND, WATER AND TIMBER RESOURCES 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 AMEND SECTION 57-75-5, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "PROJECT" UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT; TO AMEND SECTION 57-75-11, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE MISSISSIPPI MAJOR ECONOMIC IMPACT AUTHORITY TO PROVIDE GRANT OR LOAN FUNDS TO PUBLIC AGENCIES OR ENTERPRISES OWNING OR OPERATING CERTAIN PROJECTS AND TO GIVE THE AUTHORITY CERTAIN POWERS WITH REGARD TO SUCH GRANTS OR LOANS; TO AMEND SECTION 57-75-15, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE ISSUANCE OF ADDITIONAL STATE GENERAL OBLIGATION BONDS FOR CERTAIN PROJECTS UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT; TO AMEND SECTION 57-75-17, MISSISSIPPI CODE OF 1972, TO GRANT PUBLIC ENTITIES CERTAIN POWERS WITH REGARD TO BORROWING MONEY FROM THE AUTHORITY IN CONNECTION WITH CERTAIN PROJECTS; TO AMEND SECTION 69-2-13, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT THAT MAY BE DRAWN FROM THE EMERGING CROPS FUND FOR FINANCING MINORITY ECONOMIC DEVELOPMENT FROM $25,000,000.00 TO $26,000,000.00; TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO ESTABLISH A PROGRAM OF LOAN GUARANTIES TO BE MADE ON BEHALF OF ANY NONPROFIT ENTITY QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DESIGNATED BY THE UNITED STATES DEPARTMENT OF THE TREASURY AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION FOR THE PURPOSE OF ENCOURAGING THE EXTENSION OF FINANCING TO SUCH AN ENTITY, WHICH FINANCING THE ENTITY WILL USE TO MAKE FUNDS AVAILABLE TO OTHER ENTITIES FOR THE PURPOSE OF MAKING LOANS AVAILABLE IN LOW-INCOME COMMUNITIES IN MISSISSIPPI; TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO DRAW $2,000,000.00 FROM THE EMERGING CROPS FUND FOR SUCH PURPOSES; 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; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS FOR THE PURPOSE OF MAKING CAPITAL IMPROVEMENTS FOR INSTITUTIONS OF HIGHER LEARNING, STATE AGENCIES AND COMMUNITY AND JUNIOR COLLEGES; TO PROVIDE FOR THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS FOR THE AYERS SETTLEMENT CAPITAL IMPROVEMENTS FUND; TO AUTHORIZE PREPLANNING OF CERTAIN FACILITIES; TO AUTHORIZE THE ISSUANCE OF $40,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE LOCAL SYSTEM BRIDGE REPLACEMENT AND REHABILITATION FUND; TO AMEND SECTION 65-37-13, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE LEGISLATURE SHALL NOT BE REQUIRED TO APPROPRIATE FUNDS DURING THE 2004 AND 2005 REGULAR SESSIONS TO BE DEPOSITED INTO THE LOCAL SYSTEM BRIDGE REPLACEMENT AND REHABILITATION FUND; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE SUPPLEMENTARY RURAL FIRE TRUCK FUND; TO CREATE A SUPPLEMENTARY RURAL FIRE TRUCK ACQUISITION ASSISTANCE PROGRAM TO BE ADMINISTERED BY THE DEPARTMENT OF INSURANCE FOR THE PURPOSE OF ASSISTING COUNTIES AND MUNICIPALITIES IN THE ACQUISITION OF FIRE TRUCKS; TO CREATE THE SUPPLEMENTARY RURAL FIRE TRUCK FUND; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS IN THE AMOUNT OF $1,600,000.00 TO PROVIDE FUNDS FOR A PROGRAM ADMINISTERED BY THE MISSISSIPPI LIBRARY COMMISSION TO PROVIDE GRANTS TO PUBLIC LIBRARIES TO PAY THE COSTS OF CAPITAL IMPROVEMENTS, RENOVATION AND REPAIR OF EXISTING FACILITIES, FURNITURE, EQUIPMENT AND TECHNOLOGY FOR LIBRARY FACILITIES; TO AUTHORIZE THE STATE BOND COMMISSION TO MAKE TEMPORARY BORROWINGS, FROM TIME TO TIME, IN ANTICIPATION OF THE ISSUANCE OF STATE-SUPPORTED DEBT; TO AMEND SECTIONS 1 THROUGH 24, CHAPTER 522, LAWS OF 2003, AS AMENDED, TO REVISE THE USE OF THE PROCEEDS OF STATE GENERAL OBLIGATION BONDS ISSUED FOR THE PURPOSE OF CERTAIN IMPROVEMENTS AT DELTA STATE UNIVERSITY AND THE UNIVERSITY MEDICAL CENTER; TO AMEND SECTIONS 1 THROUGH 23, CHAPTER 550, LAWS OF 2002, AS AMENDED, TO REMOVE A PROVISION THAT REQUIRES THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING TO APPROVE THE DISBURSEMENT OF CERTAIN BOND PROCEEDS BY THE DEPARTMENT OF FINANCE AND ADMINISTRATION; TO REVISE THE PURPOSES FOR WHICH BOND PROCEEDS ALLOCATED TO THE UNIVERSITY OF SOUTHERN MISSISSIPPI/GULF PARK CAMPUS MAY BE UTILIZED; TO REVISE THE LOCATION REQUIREMENT FOR A BUREAU OF NARCOTICS HEADQUARTERS FACILITY; TO REVISE THE USE OF PROCEEDS OF STATE GENERAL OBLIGATION BONDS ISSUED FOR THE DEPARTMENT OF ARCHIVES AND HISTORY; TO AMEND SECTIONS 1 THROUGH 20, CHAPTER 583, LAWS OF 2000, AS AMENDED; TO REVISE THE USE OF PROCEEDS OF STATE GENERAL OBLIGATION BONDS ISSUED FOR THE PURPOSE OF IMPROVEMENTS AT ALCORN STATE UNIVERSITY; TO AMEND SECTION 31-11-3, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO OBTAIN BUSINESS PROPERTY INSURANCE ON STATE-OWNED BUILDINGS; TO AUTHORIZE THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO USE THE DESIGN-BUILD OR THE DESIGN-BUILD BRIDGING METHOD OF CONTRACTING FOR CERTAIN NEW CAPITAL CONSTRUCTION; TO AMEND SECTION 31-7-13, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; TO PROVIDE THAT ANY ENTITY USING FUNDS AUTHORIZED AND MADE AVAILABLE UNDER THIS ACT IS AUTHORIZED, IN ITS DISCRETION, TO SET ASIDE NOT MORE THAN 20% OF SUCH FUNDS FOR EXPENDITURE WITH SMALL BUSINESS CONCERNS OWNED AND CONTROLLED BY SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS FOR THE PURPOSE OF PROVIDING ADDITIONAL FUNDS FOR THE MISSISSIPPI COMMUNITY HERITAGE PRESERVATION GRANT FUND; TO AMEND SECTION 39-5-145, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; TO AMEND SECTIONS 3 THROUGH 18, CHAPTER 541, LAWS OF 2001, AS AMENDED BY CHAPTER 540, LAWS OF 2002, AS AMENDED BY CHAPTER 519, LAWS OF 2003, TO INCREASE THE AMOUNT OF STATE GENERAL OBLIGATION BONDS THAT MAY BE ISSUED FOR THE PURPOSE OF PROVIDING FUNDS FOR THE BUILDING FUND FOR THE ARTS; TO AMEND SECTION 39-11-13, MISSISSIPPI CODE OF 1972, TO REVISE THE PURPOSES FOR WHICH MONIES IN THE BUILDING FUND FOR THE ARTS MAY BE USED; TO EXTEND THE DATE OF REPEAL ON THE PROVISION WHICH PROVIDES THAT MONIES IN THE "BUILDING FUND FOR THE ARTS" WHICH ARE DERIVED FROM PROCEEDS OF BONDS ISSUED AFTER A CERTAIN DATE MAY BE USED TO REIMBURSE CERTAIN COSTS INCURRED BY THE MISSISSIPPI ARTS COMMISSION IN PROVIDING ASSISTANCE RELATED TO PROJECTS FOR WHICH GRANT FUNDS ARE PROVIDED FROM THE USE OF PROCEEDS FROM SUCH BONDS; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS TO THE MISSISSIPPI MUSEUM OF ART FOR ACQUISITION OF LAND, PLANNING, DESIGN AND SITE PREPARATION FOR A FACILITY FOR THE MISSISSIPPI MUSEUM OF ART IN JACKSON, MISSISSIPPI; TO AMEND SECTION 3, CHAPTER 554, LAWS OF 2004, WHICH AUTHORIZES THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO SELL AND CONVEY CERTAIN PROPERTY IN THE CITY OF JACKSON, MISSISSIPPI, TO THE BOARD OF TRUSTEES OF THE MISSISSIPPI MUSEUM OF ART, TO DELETE THE PROVISION WHICH REQUIRES THAT THE PROPERTY BE SOLD FOR NOT LESS THAN CURRENT FAIR MARKET VALUE; AND FOR RELATED PURPOSES.
End Of Document
20043E/pdf/History/SB/SB2010.htm