History of Actions | Background | Title |
Description: Bonds; issue general obligation bonds to provide funds for loans to counties for fire protection equipment purchases.
| 1 | 02/17/99 | (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: Reynolds
Additional Authors: Gadd, Gibbs, Hudson, Livingston, Maples
Code Sections: A 027-0033-0077, A 057-0001-0055
Title: AN ACT TO ESTABLISH A COUNTY FIRE PROTECTION EQUIPMENT REVOLVING LOAN PROGRAM TO BE ADMINISTERED BY THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT FOR THE PURPOSE OF ASSISTING COUNTIES IN PURCHASING FIRE PROTECTION EQUIPMENT OR FIRE TRUCKS, OR BOTH; TO CREATE A SPECIAL FUND IN THE STATE TREASURY DESIGNATED AS THE "COUNTY FIRE PROTECTION EQUIPMENT REVOLVING LOAN FUND"; TO PRESCRIBE THE MANNER IN WHICH FUNDS UNDER THIS ACT MAY BE MADE AVAILABLE AND EXPENDED BY COUNTIES; TO PRESCRIBE THE POWERS AND DUTIES OF THE DEPARTMENT UNDER THE PROVISIONS OF THIS ACT; TO AMEND SECTION 27-33-77, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE REIMBURSEMENT FOR TAX LOSS BECAUSE OF HOMESTEAD EXEMPTION ALLOCATED TO COUNTIES TO BE PLEDGED AS SECURITY FOR A LOAN UNDER THE PROVISIONS OF THIS ACT; TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS TO PROVIDE MONIES FOR THE FUND; TO AMEND SECTION 57-1-55, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.
End Of Document
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