Mississippi Legislature
2007 Regular Session

House Bill 1269

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Bill Text

History of Actions

Background

Title

Description: Planning and development districts and qualifying entities; require to loan at least 75% of revolving assistance funds.

Bill Text: [Introduced]

History of Actions:

1 01/15 (H) Referred To Appropriations
2 01/30 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2007
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

House Committee:

Principal Author: Ellis

Code Section: A 057-0010-0511

Title: AN ACT TO AMEND SECTION 57-10-511, MISSISSIPPI CODE OF 1972, TO REQUIRE PLANNING AND DEVELOPMENT DISTRICTS AND QUALIFYING ENTITIES THAT ADMINISTER REVOLVING ASSISTANCE FUNDS TO LOAN AT LEAST SEVENTY-FIVE PERCENT OF SUCH FUNDS BY DECEMBER 31 OF EACH CALENDAR YEAR; TO PROVIDE THAT IF SUCH DISTRICTS AND ENTITIES FAIL TO LOAN THE REQUIRED AMOUNT, THEN THE MISSISSIPPI DEVELOPMENT AUTHORITY SHALL BE REFUNDED THE FUNDS AND THE SERVICES PROVIDED IN REGARDS TO SUCH FUNDS SHALL CEASE TO BE PROVIDED; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 01/30/07 at 18:55.

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2007/html/History/HB/HB1269.htm