History of Actions | Background | Title |
Description: Municipalities; authorize to issue bonds to promote business development.
| 1 | 02/12/99 | (H) | Referred To Ways and Means | |
| 2 | 02/24/99 | (H) | Died In Committee |
| Effective date | July 1, 1999 | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
House Committee:
Principal Author: Holland
Additional Authors: Ford, Scott (17th)
Title: AN ACT TO GRANT MUNICIPALITIES THE SAME POWERS TO ISSUE BONDS AS ARE GRANTED TO THE MISSISSIPPI BUSINESS FINANCE CORPORATION; TO EXEMPT ALL PROCEEDS FROM THE SALE OF ANY BONDS UNDER THIS ACT FROM ALL TAXATION BY THE STATE OR ANY POLITICAL SUBDIVISION THEREOF; TO PROVIDE THAT ALL MORTGAGES OR DEEDS OF TRUST ENTERED INTO AND ALL LEASE, LOAN OR PURCHASE AGREEMENTS MADE PURSUANT TO THIS ACT SHALL BE EXEMPT FROM ALL TAXATION BY THE STATE; TO PROVIDE FOR EXCEPTIONS UNDER THE TAX EXEMPTIONS; AND FOR RELATED PURPOSES.
End Of Document
1999\html\History/HB\HB1587.htm