Mississippi Legislature

1997 Regular Session

House Bill 1714

[Introduced] [Passed House] [Sent to Governor]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Bonds; increase amount that may be issued under Local Governments Capital Improvements Revolving Loan Program. (DECD).

History of Actions:

101/28/97(H)Referred To Ways and Means
202/20/97(H)Title Suff Do Pass
302/21/97(H)Passed
402/21/97(H)Motion to Reconsider Entered
502/25/97(H)Motion to Recnsdr Tabled Lost
602/26/97(H)Motion to Reconsider Lost
702/27/97(H)Transmitted To Senate
803/03/97(S)Referred To Finance
903/17/97(S)Title Suff Do Pass As Amended
1003/18/97(S)Amended
1103/18/97(S)Passed As Amended
1203/19/97(S)Returned For Concurrence
1303/20/97(H)Decline to Concur/Invite Conf
1403/21/97(H)Conferees Named Simpson,Blackmon,Woods
1503/26/97(S)Conferees Named Bryan,Browning,Horhn
1603/30/97(S)Recommitted For Further Conf
1703/30/97(H)Recommitted For Further Conf
1803/31/97(H)Conference Report Adopted
1903/31/97(S)Conference Report Adopted
2004/03/97(H)Enrolled Bill Signed
2104/04/97(S)Enrolled Bill Signed
2204/04/97Due From Governor 04/10/97
2304/10/97Approved by Governor

Background Information:

Effective dateJuly 1, 1997
DispositionLaw
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes
Chapter number534

House Committee:

Senate Committee:

Principal Author: Williams

Code Sections: A 057-0001-0301, A 057-0001-0303, A 057-0001-0307

Title: AN ACT TO AMEND SECTION 57-1-301, MISSISSIPPI CODE OF 1972, TO INCLUDE PARK AND RECREATIONAL FACILITIES, ROAD CONSTRUCTION AND MAINTENANCE AND CONSTRUCTION OF COMMUNITY HEALTH CENTERS, LOANS TO AID IN RETIRING CERTAIN INTEREST-BEARING LOANS UTILIZED FOR THE PURCHASE OF A MOTION PICTURE SOUND STAGE WITHIN THOSE CAPITAL IMPROVEMENTS FOR WHICH ASSISTANCE IS AVAILABLE UNDER THE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN PROGRAM AND PROJECTS TO STABILIZE BLUFFS THAT BORDER THE MISSISSIPPI RIVER; TO AMEND SECTION 57-1-303, MISSISSIPPI CODE OF 1972, TO DIVIDE THE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN FUND INTO THE TAXABLE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN SUBACCOUNT AND THE NONTAXABLE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN SUBACCOUNT; TO SPECIFY THE TYPES OF PROJECTS FOR WHICH LOANS FROM EACH SUBACCOUNT MAY BE UTILIZED; TO PROVIDE THAT OF THE FUNDS DEPOSITED INTO THE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN FUND, NOT LESS THAN $25,000,000.00 SHALL BE ALLOCATED TO THE NONTAXABLE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN SUBACCOUNT AND THAT THE REMAINDER OF SUCH FUND SHALL BE ALLOCATED TO THE TAXABLE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN SUBACCOUNT; TO REVISE THE INTEREST RATE ON LOANS MADE FROM THE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN FUND AND TO INCREASE THE PERIOD OF TIME WITHIN WHICH LOANS SHALL BE REPAID; TO AMEND SECTION 57-1-307, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $75,000,000.00 TO $95,000,000.00, THE AMOUNT OF STATE GENERAL OBLIGATION BONDS THAT MAY BE ISSUED UNDER THE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN PROGRAM; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/11/97 at 08:36.



End Of Document

1997/History/HB\HB1714.htm