History of Actions | Background | Title |
Description: Bonds; issue bonds to construct an access road to the Grand Gulf Nuclear Facility.
| 1 | 01/05/99 | (S) | Referred To Finance | |
| 2 | 02/24/99 | (S) | Died In Committee |
| Effective date | July 1, 1999 | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
Senate Committee:
Principal Author: Posey
Code Section: A 027-0035-0309
Title: AN ACT TO PROVIDE FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS IN THE AMOUNT OF $10,000,000.00 FOR THE PURPOSE OF PAYING THE COSTS OF CONSTRUCTING A NEW TWO-LANE HIGHWAY FROM U.S. HIGHWAY 61 NORTH OF PORT GIBSON, MISSISSIPPI, TO GRAND GULF ROAD ON THE NORTHERN SIDE OF THE GRAND GULF NUCLEAR POWER STATION IN CLAIBORNE COUNTY, MISSISSIPPI; TO AMEND SECTION 27-35-309, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE STATE'S SHARE OF NUCLEAR GENERATING PLANT PAYMENTS IN LIEU OF AD VALOREM TAXES SHALL BE DEPOSITED INTO THE GRAND GULF ACCESS ROAD BOND SINKING FUND TO BE UTILIZED TO PAY THE DEBT SERVICE ON THE BONDS ISSUED PURSUANT TO THIS ACT; AND FOR RELATED PURPOSES.
End Of Document
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