Mississippi Legislature
2005 Regular Session

House Bill 1247

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Bill Text

History of Actions

Amendments

Background

Title

Description: Economic development; provide certain review requirements for various programs.

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

History of Actions:

1 01/17 (H) Referred To Ways and Means
2 01/27 (H) Title Suff Do Pass Comm Sub
3 02/02 (H) Committee Substitute Adopted
4 02/02 (H) Amended
5 02/02 (H) Passed As Amended
6 02/07 (H) Transmitted To Senate
7 02/08 (S) Referred To Finance
8 02/24 (S) Title Suff Do Pass As Amended
9 03/03 (S) Amended
10 03/03 (S) Passed As Amended
11 03/04 (S) Returned For Concurrence
12 03/16 (H) Decline to Concur/Invite Conf
13 03/21 (H) Conferees Named Watson,Taylor,Franks
14 03/22 (S) Conferees Named Robertson,Harvey,Ross
15 03/28 (H) Died In Conference

Amendments:

Adopted [H] Amendment No 1 (Cmte Sub)
Adopted [H] Amendment No 2 (Cmte Sub)
Adopted [S] Committee Amendment No 1
   
[S] Amendment Report for House Bill No. 1247

Background Information:

Effective dateJuly 1, 2005
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths

House Committee:

Senate Committee:

Principal Author: Watson

Code Sections: A 057-0001-0016, A 057-0061-0009, A 057-0075-0011, A 057-0085-0005, A 065-0004-0007, A 065-0004-0009, A 069-0002-0013, A 057-0030-0005

Title: AN ACT TO AMEND SECTION 57-1-16, MISSISSIPPI CODE OF 1972, WHICH CREATES THE ACE FUND AND AUTHORIZES THE MISSISSIPPI DEVELOPMENT AUTHORITY TO ESTABLISH AN ASSISTANCE PROGRAM THROUGH WHICH TO ADMINISTER THE FUND; TO AMEND SECTION 57-61-9, MISSISSIPPI CODE OF 1972, WHICH PROVIDES GUIDELINES AND REQUIREMENTS FOR ASSISTANCE PROVIDED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT; TO AMEND SECTION 57-75-11, MISSISSIPPI CODE OF 1972, WHICH PROVIDES FOR THE POWERS AND DUTIES OF THE MISSISSIPPI MAJOR ECONOMIC IMPACT AUTHORITY UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT; TO AMEND SECTION 57-85-5, MISSISSIPPI CODE OF 1972, WHICH CREATES THE MISSISSIPPI RURAL IMPACT FUND AND AUTHORIZES THE MISSISSIPPI DEVELOPMENT AUTHORITY TO ESTABLISH AN ASSISTANCE PROGRAM THROUGH WHICH TO ADMINISTER THE FUND; TO AMEND SECTIONS 65-4-7 AND 65-4-9, MISSISSIPPI CODE OF 1972, WHICH PROVIDES REQUIREMENTS REGARDING APPLICATIONS FOR ASSISTANCE UNDER THE ECONOMIC DEVELOPMENT HIGHWAY ACT; TO PROVIDE THAT APPLICATIONS FOR ASSISTANCE UNDER PROGRAMS PROVIDED FOR UNDER SUCH SECTIONS MUST CONTAIN CERTAIN INFORMATION; TO PROVIDE THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY MUST REQUIRE CERTAIN COMMITMENTS FROM APPLICANTS UNDER SUCH PROGRAMS WHICH PROVIDE FOR THE REPAYMENT OF ASSISTANCE IF SUCH COMMITMENTS ARE NOT SATISFIED; TO PROVIDE CERTAIN REQUIREMENTS REGARDING COST BENEFIT ANALYSES PERFORMED ON PROJECTS FOR WHICH ASSISTANCE IS REQUESTED UNDER SUCH PROGRAMS; TO AMEND SECTION 69-2-13, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT APPLICATIONS FOR ASSISTANCE UNDER THE PROGRAM ADMINISTERED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY THROUGH THE EMERGING CROPS FUND FOR THE PURPOSE OF FINANCING MINORITY ECONOMIC DEVELOPMENT MUST CONTAIN CERTAIN INFORMATION; TO PROVIDE THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY MUST REQUIRE CERTAIN COMMITMENTS FROM APPLICANTS UNDER SUCH PROGRAM WHICH PROVIDE FOR THE REPAYMENT OF ASSISTANCE IF SUCH COMMITMENTS ARE NOT SATISFIED; TO PROVIDE CERTAIN REQUIREMENTS REGARDING COST BENEFIT ANALYSES PERFORMED ON PROJECTS FOR WHICH ASSISTANCE IS REQUESTED UNDER SUCH PROGRAM; TO AMEND SECTION 57-30-5, MISSISSIPPI CODE OF 1972, WHICH AUTHORIZES THE MISSISSIPPI DEVELOPMENT AUTHORITY TO ESTABLISH AN INCENTIVE PROGRAM THROUGH WHICH TO ADMINISTER THE SALES TAX INCENTIVE FUND; TO PROVIDE THAT APPLICATIONS FOR ASSISTANCE UNDER THE PROGRAM MUST CONTAIN CERTAIN INFORMATION; TO PROVIDE THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY MUST REQUIRE CERTAIN COMMITMENTS FROM APPLICANTS UNDER THE PROGRAM WHICH PROVIDE FOR THE REPAYMENT OF INCENTIVE PAYMENTS PROVIDED UNDER THE PROGRAM IF SUCH COMMITMENTS ARE NOT SATISFIED; TO PROVIDE CERTAIN REQUIREMENTS REGARDING COST BENEFIT ANALYSES PERFORMED ON PROJECTS FOR WHICH ASSISTANCE IS REQUESTED UNDER SUCH PROGRAM; TO EXTEND THE REPEALER ON THE INCENTIVE PAYMENT PROGRAM UNDER THE SALES TAX INCENTIVE FUND; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/28/05 at 20:12.

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2005/pdf/History/HB/HB1247.htm