History of Actions | Background | Title |
Description: Agribusiness; create MS Agribusiness Commercialization Fund to promote value-added agribusinesses.
| 1 | 02/20/97 | (S) | Referred To Agriculture;Finance | |
| 2 | 02/24/97 | (S) | DR - TSDP: AG To FI | |
| 3 | 02/26/97 | (S) | Died In Committee |
| Effective date | July 1, 1997 | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes | |
| Suspension measure | SC 580 |
Senate Committees:
Principal Author: Thames
Title: AN ACT TO ESTABLISH THE AGRICULTURAL COMMERCIALIZATION PROGRAM TO BE ADMINISTERED BY THE DEPARTMENT OF AGRICULTURE AND COMMERCE FOR THE PURPOSE OF PROMOTING THE DEVELOPMENT AND EXPANSION OF VALUE-ADDED AGRIBUSINESSES IN THIS STATE; TO CREATE THE AGRIBUSINESS COMMERCIALIZATION FUND; TO PROVIDE THAT MONIES IN SUCH FUND SHALL BE USED TO MAKE GRANTS TO, AND COOPERATIVE AGREEMENTS WITH, MISSISSIPPI AGRIBUSINESSES THAT SHOW A REASONABLE POTENTIAL FOR RAPID AND SUBSTANTIAL GROWTH AND THAT WILL ADD VALUE TO AGRICULTURAL PRODUCTS; TO PROVIDE THAT GRANTS AND COOPERATIVE AGREEMENTS SHALL DESIGNATE THAT MONIES RECEIVED BY MISSISSIPPI AGRIBUSINESS FROM SUCH FUND ARE REPAYABLE TO THE FUND; TO CREATE THE AGRIBUSINESS COMMERCIALIZATION BOARD TO BE THE ENTITY RESPONSIBLE FOR GRANT AND COOPERATIVE AGREEMENT DECISIONS INVOLVING MONIES IN THE FUND; TO GRANT THE DEPARTMENT OF AGRICULTURE AND COMMERCE CERTAIN ADDITIONAL POWERS AND DUTIES TO ADMINISTER THIS ACT; TO PROVIDE THAT THE STATE AUDITOR SHALL CONDUCT CERTAIN AUDITS; TO PROVIDE FOR THE ISSUANCE OF $5,000,000.00 IN GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE AGRIBUSINESS COMMERCIALIZATION FUND; AND FOR RELATED PURPOSES.
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1997/History/SB\SB3190.htm