Mississippi Legislature
2006 Regular Session

House Bill 1495

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Bill Text

History of Actions

Amendments

Background

Title

Description: Bonds; issue state g.o. bonds for loans to pay certain costs related to the redevelopment of the King Edward Hotel.

Bill Text: [Introduced] [Committee Substitute] [Passed House] [Sent to Governor]

History of Actions:

1 01/30 (H) Referred To Ways and Means
2 01/31 (H) Title Suff Do Pass Comm Sub
3 02/01 (H) Committee Substitute Adopted
4 02/01 (H) Passed
5 02/01 (H) Immediate Release
6 02/01 (H) Transmitted To Senate
7 02/02 (S) Referred To Finance
8 03/13 (S) Title Suff Do Pass As Amended
9 03/14 (S) Amended
10 03/14 (S) Passed As Amended
11 03/16 (S) Returned For Concurrence
12 03/16 (H) Decline to Concur/Invite Conf
13 03/16 (H) Conferees Named Watson,Fredericks,Robinson (63rd)
14 03/21 (S) Conferees Named Robertson,Morgan,Jordan
15 03/26 Suspend from Deadlines by HC 108
16 03/28 Suspend from Deadlines by HC 114
17 03/28 (S) Conference Report Filed
18 03/28 (H) Conference Report Filed
19 03/28 (S) Conference Report Adopted
20 03/28 (H) Conference Report Adopted
21 03/31 (H) Enrolled Bill Signed
22 03/31 (S) Enrolled Bill Signed
23 04/14 Approved by Governor

Amendments/Conference Report:

Adopted [S] Committee Amendment No 1   
Adopted [S] Amendment No 1 to Committee Amendment No 1   
   
[S] Amendment Report for House Bill No. 1495   

Conference Report

Background Information:

Effective datePassage
DispositionLaw
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths
Suspension measureHC 114
Chapter number543

House Committee:

Senate Committee:

Principal Author: Watson

Additional Authors: Holland, Akins, Aldridge, Arinder, Bailey, Baker (74th), Baker (8th), Banks, Barnett, Beckett, Bentz, Blackmon, Bondurant, Bounds, Broomfield, Brown, Buck, Burnett, Calhoun, Carlton, Chism, Clark, Clarke, Cockerham, Coleman (29th), Coleman (65th), Compretta, Cummings, Davis, Dedeaux, Denny, Dickson, Eaton, Ellington, Ellis, Espy, Evans, Fillingane, Flaggs, Fleming, Franks, Fredericks, Frierson, Gadd, Gibbs, Guice, Gunn, Hamilton (109th), Hamilton (6th), Harrison, Hines, Holloway, Howell, Huddleston, Hudson, Ishee, Janus, Jennings, Johnson, Lane, Lott, Malone, Markham, Martinson, Masterson, Mayhall, Mayo, McBride, McCoy, Middleton, Miles, Mims, Moak, Montgomery, Morris, Moss, Myers, Nicholson, Norquist, Parker, Patterson, Peranich, Perkins, Read, Reed, Reeves, Reynolds, Robinson (63rd), Robinson (84th), Rogers (14th), Rogers (61st), Rotenberry, Scott, Shows, Simpson, Smith (27th), Smith (39th), Smith (59th), Snowden, Staples, Stevens, Straughter, Stringer, Sullivan, Thomas, Turner, Upshaw, Vince, Walley, Ward, Warren, Weathersby, Wells-Smith, Whittington, Woods, Young, Zuber, Formby

Title: AN ACT TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO PROVIDE INTEREST-FREE NONRECOURSE LOANS TO THE JACKSON REDEVELOPMENT AUTHORITY; TO PROVIDE THAT THE JACKSON REDEVELOPMENT AUTHORITY MUST UTILIZE THE PROCEEDS OF SUCH LOANS TO PROVIDE ONE OR MORE LOANS TO THE PARTY OR PARTIES SELECTED TO REDEVELOP THE KING EDWARD HOTEL PROPERTIES TO FINANCE ENVIRONMENTAL REMEDIATION, ENGINEERING AND ARCHITECTURAL SERVICE, SELECTIVE DEMOLITION AND OTHER COSTS NECESSARY FOR THE PRE-DEVELOPMENT OR FOR THE DEMOLITION OF THE KING EDWARD HOTEL; TO PROVIDE THAT THE AGGREGATE AMOUNT OF ALL LOANS SHALL NOT EXCEED $2,000,000.00; TO PROVIDE THAT AS A CONDITION OF THE LOAN THE JACKSON REDEVELOPMENT AUTHORITY AND THE CITY OF JACKSON SHALL HAVE AGREED TO THE MAXIMUM EXTENT ALLOWABLE UNDER FEDERAL LAW AND GRANT AGREEMENTS TO PAY TO THE MISSISSIPPI DEVELOPMENT AUTHORITY PROCEEDS WHICH MAY BE AWARDED TO THE CITY OF JACKSON BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER THE BROWNSFIELD ECONOMIC DEVELOPMENT INITIATIVE (BEDI) GRANT PROGRAM OR SUCH OTHER FUNDING THAT MAY BE RECEIVED FROM THE UNITED STATES SPECIFICALLY FOR THE KING EDWARD HOTEL REDEVELOPMENT PROJECT; TO AUTHORIZE THE ISSUANCE OF $2,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR SUCH LOANS; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/28/06 at 08:32.

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2006/html/History/HB/HB1495.htm