History of Actions | Background | Title |
Description: Bonds; issue bonds for the purpose of making loans to certain businesses as incentives for locating in state.
1 | 02/24/99 | (H) | Referred To Ways and Means | |
2 | 02/24/99 | (H) | Died In Committee |
Effective date | Passage | |
Disposition | Dead | |
Deadline | Revenue/Appropriation | |
Revenue | Yes | |
3/5ths vote required | Yes |
House Committee:
Principal Author: Williams
Title: AN ACT TO CREATE THE HIGH VALUE ADDED INDUSTRY LOAN FUND; TO PROVIDE THAT THE MISSISSIPPI DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT SHALL ADMINISTER SUCH FUND AS A LOAN FUND FOR THE PURPOSE OF MAKING LOANS TO ELIGIBLE BUSINESSES AS AN INCENTIVE FOR SUCH BUSINESSES LOCATING IN THE STATE; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS IN THE AMOUNT OF TWO MILLION DOLLARS TO FUND THE HIGH VALUE ADDED INDUSTRY LOAN FUND; AND FOR RELATED PURPOSES.
End Of Document
1999\html\History/HB\HB1677.htm