Mississippi Legislature
2007 Regular Session

Senate Bill 2497

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Bill Text

History of Actions

Amendments

Background

Title

Description: Existing Industry Productivity Loan Program & Job Protection Act; authorize MDA to make loans and grants to counties and cities.

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

History of Actions:

1 01/10 (S) Referred To Finance
2 01/25 (S) Title Suff Do Pass Comm Sub
3 02/06 (S) Committee Substitute Adopted
4 02/06 (S) Passed   {Vote}
5 02/08 (S) Transmitted To House
6 02/12 (H) Referred To Ways and Means
7 02/26 (H) Title Suff Do Pass As Amended
8 03/01 (H) Amended
9 03/01 (H) Passed As Amended   {Vote}
10 03/01 (H) Motion to Reconsider Entered
11 03/08 (H) Motion to Reconsider Tabled
12 03/08 (H) Returned For Concurrence
13 03/15 (S) Decline to Concur/Invite Conf
14 03/21 (S) Conferees Named Robertson,Butler,Tollison
15 03/22 (H) Conferees Named Watson,Howell,Calhoun
16 03/26 (S) Died In Conference

Amendments:

Adopted [H] Committee Amendment No 1   Voice Vote
   
[H] Amendment Report for Senate Bill No. 2497   

Background Information:

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

Senate Committee:

House Committee:

Principal Author: Robertson

Additional Authors: Butler, Dearing, Horhn, Jordan, Morgan, Thomas, Walls

Code Sections: A 057-0093-0001, A 057-0095-0001

Title: AN ACT TO AMEND SECTION 57-93-1, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO PROVIDE LOANS TO COUNTIES AND INCORPORATED MUNICIPALITIES UNDER THE EXISTING INDUSTRY PRODUCTIVITY LOAN PROGRAM TO ASSIST CERTAIN EXISTING INDUSTRIES IN DEPLOYING LONG-TERM FIXED ASSETS THAT THROUGH NEW TECHNOLOGY WILL IMPROVE PRODUCTIVITY AND COMPETITIVENESS; TO REQUIRE THAT REPAYMENTS OF LOANS AUTHORIZED UNDER THIS SECTION SHALL BE UTILIZED TO PAY THE PRINCIPAL AND INTEREST ON BONDS USED TO FUND SUCH LOANS; TO PROVIDE THE MANNER OF SECURING LOANS MADE TO COUNTIES AND INCORPORATED MUNICIPALITIES UNDER THE PROGRAM; TO AMEND SECTION 57-95-1, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO PROVIDE LOANS AND GRANTS TO COUNTIES AND INCORPORATED MUNICIPALITIES UNDER THE MISSISSIPPI JOB PROTECTION ACT TO PROVIDE ASSISTANCE TO AT-RISK INDUSTRIES TO BE USED FOR JOB RETENTION AND TO IMPROVE PRODUCTIVITY AND COMPETITIVENESS; TO REQUIRE THAT REPAYMENTS OF LOANS AUTHORIZED UNDER THIS SECTION SHALL BE UTILIZED TO PAY THE PRINCIPAL AND INTEREST ON BONDS USED TO FUND SUCH LOANS; TO PROVIDE THE MANNER OF SECURING LOANS MADE TO COUNTIES AND INCORPORATED MUNICIPALITIES UNDER THE ACT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 05/08/07 at 15:34.

End Of Document
2007/pdf/History/SB/SB2497.htm