Description: City of Jackson; require state provide funds to defray ad valorem tax loss & increased costs incurred as seat of state government.
Bill Text: [Introduced]
History of Actions:
|1||01/12 (S) Referred To Appropriations|
|2||01/30 (S) Died In Committee|
|Effective date||July 1, 2007|
|Deadline||General Bill/Constitutional Amendment|
|Vote type required||Majority|
Principal Author: Horhn
Additional Author: Frazier
Title: AN ACT TO PROVIDE THAT THE STATE OF MISSISSIPPI SHALL PROVIDE FUNDS BY LEGISLATIVE APPROPRIATION OR FROM ANY OTHER SOURCE, IN THE AMOUNT OF $10,000,000.00, ANNUALLY, TO THE CITY OF JACKSON, MISSISSIPPI, FOR THE PURPOSE OF ASSISTING THE CITY TO DEFRAY THE AD VALOREM TAX LOSS SUSTAINED BY THE CITY AS A RESULT OF THE STATE OWNERSHIP OF PROPERTY IN THE CITY, AND FOR DEFRAYING INCREASED INFRASTRUCTURE AND PUBLIC SAFETY COSTS INCURRED BY THE CITY AS A RESULT OF BEING THE SEAT OF STATE GOVERNMENT; AND FOR RELATED PURPOSES.
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