Bill Text | History of Actions | Amendments | Background | Title |
Description: Bonds; increase the amount of bonds that may be issued under certain programs administered by DECD.
Bill Text: [Introduced] [Committee Substitute] [Passed Senate] [Sent to Governor]
1 | 03/27/00 | (S) | Referred To Finance | |
2 | 03/28/00 | (S) | Title Suff Do Pass Comm Sub | |
3 | 03/29/00 | (S) | Committee Substitute Adopted | |
4 | 03/29/00 | (S) | Passed | |
5 | 03/30/00 | (S) | Transmitted To House | |
6 | 04/04/00 | (H) | Referred To Ways and Means | |
7 | 04/12/00 | (H) | Title Suff Do Pass As Amended | |
8 | 04/14/00 | (H) | Amended | |
9 | 04/14/00 | (H) | Passed As Amended | |
10 | 04/17/00 | (H) | Returned For Concurrence | |
11 | 04/18/00 | (S) | Decline to Concur/Invite Conf | |
12 | 04/25/00 | (S) | Conferees Named Minor,Nunnelee,Robertson | |
13 | 04/25/00 | (H) | Conferees Named McCoy,Morris,Smith (39th) | |
14 | 04/29/00 | (H) | Conference Report Filed | |
15 | 04/29/00 | (S) | Conference Report Filed | |
16 | 05/01/00 | (H) | Conference Report Adopted | |
17 | 05/01/00 | (S) | Conference Report Adopted | |
18 | 05/03/00 | (S) | Enrolled Bill Signed | |
19 | 05/04/00 | (H) | Enrolled Bill Signed | |
20 | 05/22/00 | Approved by Governor |
Adopted | [H] | Amendment No 1 |
Effective date | Passage | |
Disposition | Law | |
Deadline | Revenue/Appropriation | |
Revenue | Yes | |
3/5ths vote required | Yes | |
Chapter number | 584 |
Senate Committee:
House Committee:
Principal Author: Minor
Code Sections: A 057-0001-0307, A 057-0061-0036, A 065-0004-0025, A 069-0002-0013, A 069-0002-0019, A 057-0075-0015
Title: AN ACT TO AMEND SECTION 57-1-307, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF GENERAL OBLIGATION BONDS THAT MAY BE ISSUED UNDER THE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN PROGRAM FOR PROJECTS THAT WOULD QUALIFY FOR THE ISSUANCE OF BONDS WHOSE INTEREST IS EXEMPT FROM INCOME TAXATION UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE, FROM $5,000,000.00 TO $13,000,000.00; TO AMEND SECTION 57-61-36, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF GRANTS THAT MAY BE ISSUED BY THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT UNDER THE DEVELOPMENT INFRASTRUCTURE GRANT PROGRAM UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT FROM $9,000,000.00 TO $10,500,000.00; TO AUTHORIZE THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT TO UTILIZE NOT MORE THAN $750,000.00 OF THE BOND PROCEEDS UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT TO MATCH FEDERAL FUNDS AVAILABLE FROM THE UNITED STATES DEPARTMENT OF AGRICULTURE FOR THE PURPOSE OF ESTABLISHING AN INTERMEDIARY RELENDING PROGRAM TO BE ADMINISTERED BY THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT; TO AMEND SECTION 65-4-25, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF GENERAL OBLIGATION BONDS THAT MAY BE ISSUED UNDER THE ECONOMIC DEVELOPMENT HIGHWAY ACT FROM $135,000,000.00 TO $150,000,000.00; TO AMEND SECTION 69-2-13, MISSISSIPPI CODE OF 1972, TO EXTEND THE PROGRAM THAT AUTHORIZES THE MISSISSIPPI BUSINESS FINANCE CORPORATION TO LOAN OR GRANT FUNDS TO CERTAIN ENTITIES FOR LOAN REVOLVING FUNDS TO ASSIST IN PROVIDING FINANCING FOR MINORITY ECONOMIC DEVELOPMENT AND TO INCREASE THE AMOUNT THAT MAY BE DRAWN FOR SUCH PURPOSE FROM THE EMERGING CROPS FUND FROM $16,000,000.00 TO $18,000,000.00; TO AUTHORIZE THE PROGRAM THAT GUARANTEES CERTAIN BONDS THAT MINORITY BUSINESSES ARE REQUIRED TO OBTAIN CONTRACTS WITH GOVERNMENTAL ENTITIES TO APPLY TO CONTRACTS WITH FEDERAL AGENCIES; TO EXTEND THE DATE OF THE REPEAL OF PROVISIONS CONCERNING THE SMALL FARM DEVELOPMENT CENTER AT ALCORN STATE UNIVERSITY; TO AMEND SECTION 69-2-19, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF THE BONDS THAT MAY BE ISSUED FOR THE EMERGING CROPS FUND FROM $95,000,000.00 TO $97,000,000.00; TO AMEND SECTION 57-75-15, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF BONDS THAT MAY BE ISSUED UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT FOR CERTAIN PROJECTS FROM $62,000,000.00 TO $64,250,000.00; AND FOR RELATED PURPOSES.
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