MISSISSIPPI LEGISLATURE

1998 Regular Session

To: Rules

By: Senator(s) Carlton

A CONCURRENT RESOLUTION SUSPENDING THE DEADLINES FOR THE PURPOSE OF THE FURTHER CONSIDERATION AND PASSAGE OF HOUSE BILL NO. 1781, 1998 REGULAR SESSION, ENTITLED "AN ACT TO CREATE THE "CHILD CARE FACILITIES DEMONSTRATION PROJECT REVOLVING LOAN FUND"; TO PROVIDE THAT THE MISSISSIPPI DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT SHALL ADMINISTER SUCH FUND AS A REVOLVING FUND FOR THE PURPOSE OF MAKING LOANS TO ASSIST ECONOMIC DEVELOPMENT ORGANIZATIONS IN COOPERATION WITH FIRMS, CORPORATIONS OR OTHER ENTITIES IN BUILDING CHILD CARE FACILITIES IN CERTAIN COUNTIES THROUGH A LOAN PROGRAM WHICH SHALL BE ESTABLISHED AND IMPLEMENTED BY THE DEPARTMENT; TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE OF MISSISSIPPI IN THE AMOUNT OF THREE MILLION DOLLARS TO FUND THE DEPENDENT CARE FACILITIES REVOLVING LOAN FUND; AND FOR RELATED PURPOSES." 

BE IT RESOLVED BY THE SENATE OF THE STATE OF MISSISSIPPI, THE HOUSE OF REPRESENTATIVES CONCURRING THEREIN, That the following bill is hereby exempt from the timetable for consideration of bills provided by Joint Rule No. 40, and that consent is hereby given for further consideration of House Bill No. 1781, 1998 Regular Session, entitled "AN ACT TO CREATE THE "CHILD CARE FACILITIES DEMONSTRATION PROJECT REVOLVING LOAN FUND"; TO PROVIDE THAT THE MISSISSIPPI DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT SHALL ADMINISTER SUCH FUND AS A REVOLVING FUND FOR THE PURPOSE OF MAKING LOANS TO ASSIST ECONOMIC DEVELOPMENT ORGANIZATIONS IN COOPERATION WITH FIRMS, CORPORATIONS OR OTHER ENTITIES IN BUILDING CHILD CARE FACILITIES IN CERTAIN COUNTIES THROUGH A LOAN PROGRAM WHICH SHALL BE ESTABLISHED AND IMPLEMENTED BY THE DEPARTMENT; TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE OF MISSISSIPPI IN THE AMOUNT OF THREE MILLION DOLLARS TO FUND THE DEPENDENT CARE FACILITIES REVOLVING LOAN FUND; AND FOR RELATED PURPOSES."