History of Actions | Background | Title |
Description: Economic Development Highway Act; revise definition of high economic benefit project.
| 1 | 01/20/97 | (H) | Referred To Transportation | |
| 2 | 02/04/97 | (H) | Died In Committee |
| Effective date | July 1, 1997 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
House Committee:
Principal Author: Wells-Smith
Code Section: A 065-0004-0005
Title: AN ACT TO AMEND SECTION 65-4-5, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "HIGH ECONOMIC BENEFIT PROJECT" UNDER THE ECONOMIC DEVELOPMENT HIGHWAY ACT TO INCLUDE NEW INVESTMENTS BY TWO PRIVATE COMPANIES UPON LAND THAT IS ADJACENT WHENEVER THE NEW INVESTMENTS OF BOTH COMPANIES IS AT LEAST $60,000,000.00 IN THE AGGREGATE, AND SUCH NEW INVESTMENTS BY BOTH PRIVATE COMPANIES PROVIDE FOR THE EMPLOYMENT OF AT LEAST 500 EMPLOYEES IN THE AGGREGATE; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB1706.htm