Mississippi Legislature

1999 Regular Session

House Bill 1677

[Introduced]

Instructions Bill Status Menu




History of Actions

Background

Title

Description: Bonds; issue bonds for the purpose of making loans to certain businesses as incentives for locating in state.

History of Actions:

102/24/99(H)Referred To Ways and Means
202/24/99(H)Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

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.


Information pertaining to this measure was last updated on 02/24/99 at 14:59.



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