Mississippi Legislature
2006 Regular Session

Senate Bill 2701

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Bill Text

History of Actions

Amendments

Background

Title

Description: School districts/community colleges/USM may borrow CDL funds to cover loss of revenue as result of Hurricane Katrina; authorize.

Bill Text: [Introduced] [Passed Senate] [Sent to Governor]

History of Actions:

1 01/16 (S) Referred To Education;Finance
2 01/19 (S) DR - TSDP: ED To FI
3 01/24 (S) Title Suff Do Pass
4 02/01 (S) Amended
5 02/01 (S) Passed As Amended
6 02/03 (S) Transmitted To House
7 02/06 (H) Referred To Education
8 02/06 (H) Title Suff Do Pass
9 02/07 (H) Passed
10 02/07 (H) Immediate Release
11 02/07 (H) Transmitted To Senate
12 02/07 (S) Enrolled Bill Signed
13 02/13 (H) Enrolled Bill Signed
14 02/20 Approved by Governor

Amendments:

Adopted [S] Amendment No 1   

Background Information:

Effective datePassage
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths
Chapter number308

Senate Committees:

House Committee:

Principal Author: Chaney

Additional Authors: Albritton, Hewes, Gollott, Moffatt

Code Sections: A 037-0057-0108, A 027-0039-0333, A 037-0029-0101

Title: AN ACT TO AMEND SECTIONS 37-57-108 AND 27-39-333, MISSISSIPPI CODE OF 1972, TO AUTHORIZE SCHOOL DISTRICTS AFFECTED BY THE HURRICANE KATRINA DISASTER TO BORROW FUNDS AND ISSUE PROMISSORY NOTES TO THE FEDERAL GOVERNMENT UNDER THE COMMUNITY DISASTER LOAN PROGRAM; TO AMEND SECTION 37-29-101, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE BOARD OF TRUSTEES OF COMMUNITY OR JUNIOR COLLEGE DISTRICTS TO BORROW FUNDS FROM THE UNITED STATES GOVERNMENT TO COMPENSATE FOR THE LOSS OF REVENUE COLLECTED OR ESTIMATED TO BE COLLECTED ON BEHALF OF THE JUNIOR COLLEGE DISTRICT DURING A FISCAL YEAR AS A RESULT OF HURRICANE KATRINA; TO AUTHORIZE THE UNIVERSITY OF SOUTHERN MISSISSIPPI, WITH THE APPROVAL OF THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING, TO BORROW FUNDS FOR THE LIMITED PURPOSE OF REPAIRING DAMAGE RELATED TO HURRICANE KATRINA; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/14/06 at 13:47.

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