History of Actions | Background | Title |
Description: Minority business; guarantee performance bond for construction contracts with federal agencies.
1 | 01/08/97 | (S) | Referred To Finance | |
2 | 02/04/97 | (S) | Died In Committee |
Effective date | July 1, 1997 | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
3/5ths vote required | No |
Senate Committee:
Principal Author: Blackmon
Code Section: A 069-0002-0013
Title: AN ACT TO AMEND SECTION 69-2-13, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE PROGRAM DEVELOPED BY THE MISSISSIPPI BUSINESS FINANCE CORPORATION TO ASSIST MINORITY BUSINESSES BY GUARANTEEING BID, PERFORMANCE AND PAYMENT BONDS REQUIRED BY SUCH BUSINESSES TO CONTRACT WITH THE STATE OR POLITICAL SUBDIVISIONS SHALL BE EXTENDED TO GUARANTEE SUCH BONDS WHEN MINORITY BUSINESSES ARE REQUIRED TO OBTAIN SUCH BONDS IN ORDER TO CONTRACT WITH FEDERAL AGENCIES; AND FOR RELATED PURPOSES.
End Of Document
1997/History/SB\SB2206.htm