Mississippi Legislature

1997 Regular Session

Senate Bill 2629

[Introduced] [Passed Senate] [Sent to Governor]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Bonds; remove unnecessary language regarding interest rates on certain bond issues.

History of Actions:

101/16/97(S)Referred To Finance
201/30/97(S)Title Suff Do Pass
302/05/97(S)Passed
402/06/97(S)Transmitted To House
502/11/97(H)Referred To Ways and Means
603/03/97(H)Title Suff Do Pass
703/05/97(H)Passed
803/07/97(H)Transmitted To Senate
903/11/97(S)Enrolled Bill Signed
1003/12/97(H)Enrolled Bill Signed
1103/12/97Due From Governor 03/18/97
1203/18/97Approved by Governor

Background Information:

Effective datePassage
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo
Chapter number394

Senate Committee:

House Committee:

Principal Author: Bryan

Code Sections: A 057-0001-0255, A 065-0004-0031, A 069-0002-0027

Title: AN ACT TO AMEND SECTION 57-1-255, MISSISSIPPI CODE OF 1972, TO REMOVE LANGUAGE THAT SPECIFIES THE LOWEST INTEREST RATE ON BONDS ISSUED FOR THE MAJOR ENERGY PROJECT DEVELOPMENT FUND, THAT REQUIRES THE INTEREST RATE SPECIFIED IN ANY BID REGARDING SUCH BONDS MUST BE IN CERTAIN MULTIPLES AND PROVIDES THAT SUCH BONDS MAY BE CALLED IN FOR PAYMENT AND REDEMPTION IN REVERSE ORDER OF MATURITY; TO AMEND SECTION 65-4-31, MISSISSIPPI CODE OF 1972, TO REMOVE UNNECESSARY LANGUAGE THAT SPECIFIES THE LOWEST INTEREST RATE ON BONDS ISSUED UNDER THE ECONOMIC DEVELOPMENT HIGHWAY ACT AND REQUIRES THAT THE INTEREST RATE SPECIFIED IN ANY BID REGARDING SUCH BONDS MUST BE IN CERTAIN MULTIPLES; TO AMEND SECTION 69-2-27, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT NOTICE OF THE SALE OF BONDS TO PROVIDE FUNDS FOR THE EMERGING CROPS FUND SHALL BE PUBLISHED AT LEAST ONCE; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/18/97 at 19:01.



End Of Document

1997/History/SB\SB2629.htm