History of Actions | Background | Title |
Description: Economic Development Highway Act; expand eligible projects and increase the amount of bonds that may be issued.
1 | 02/18/99 | (S) | Referred To Finance | |
2 | 02/24/99 | (S) | Died In Committee |
Effective date | Passage | |
Disposition | Dead | |
Deadline | Revenue/Appropriation | |
Revenue | No | |
3/5ths vote required | No |
Senate Committee:
Principal Author: Horhn
Code Sections: A 065-0004-0003, A 065-0004-0005, A 065-0004-0025
Title: AN ACT TO AMEND SECTIONS 65-4-3 AND 65-4-5, MISSISSIPPI CODE OF 1972, TO AMEND THE ECONOMIC DEVELOPMENT HIGHWAY ACT TO REVISE THE DEFINITION OF THE TERM "HIGH ECONOMIC BENEFIT PROJECT" TO INCLUDE CERTAIN PLANNED COMMUNITIES; TO REVISE THE TERM "PRIVATE COMPANY" TO INCLUDE HOSPITALS AND DEVELOPERS OF CERTAIN PLANNED COMMUNITIES; TO AMEND SECTION 65-4-25, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $105,000,000.00 TO $150,000,000.00, THE AMOUNT OF STATE GENERAL OBLIGATION BONDS THAT MAY BE ISSUED UNDER THE ECONOMIC DEVELOPMENT HIGHWAY ACT; AND FOR RELATED PURPOSES.
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