Bill Text | History of Actions | Amendments | Background | Title |
Description: Bonds; increase amount of bonds authorized for certain economic development programs and revise use of certain bond proceeds.
Bill Text: [Introduced] [Passed House]
1 | 03/22/00 | (H) | Referred To Ways and Means | |
2 | 03/23/00 | (H) | Title Suff Do Pass | |
3 | 03/23/00 | (H) | Passed | |
4 | 03/24/00 | (H) | Transmitted To Senate | |
5 | 03/24/00 | (S) | Referred To Finance | |
6 | 04/12/00 | (S) | Title Suff Do Pass As Amended | |
7 | 04/14/00 | (S) | Amended | |
8 | 04/14/00 | (S) | Passed As Amended | |
9 | 04/17/00 | (S) | Returned For Concurrence | |
10 | 04/19/00 | (H) | Decline to Concur/Invite Conf | |
11 | 04/21/00 | (H) | Conferees Named McCoy,Morris,Smith (39th) | |
12 | 04/25/00 | (S) | Conferees Named Minor,Nunnelee,Robertson | |
13 | 04/29/00 | (H) | Died In Conference |
Adopted | [S] | Amendment No 1 |
Lost | [S] | Amendment No 1 to Amendment No 1 |
Effective date | July 1, 2000 | |
Disposition | Dead | |
Deadline | Revenue/Appropriation | |
Revenue | Yes | |
3/5ths vote required | Yes |
House Committee:
Senate Committee:
Principal Author: Morris
Additional Authors: Smith (39th), McCoy, Reynolds
Code Sections: A 065-0004-0025, A 057-0061-0036, A 069-0002-0013, A 069-0002-0019, A 057-0001-0307
Title: AN ACT TO AMEND SECTION 65-4-25, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF STATE GENERAL OBLIGATION BONDS THAT MAY BE ISSUED UNDER THE ECONOMIC DEVELOPMENT HIGHWAY ACT; TO AMEND SECTION 57-1-307, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $95,000,000.00 TO $103,500,000.00, THE AMOUNT OF BONDS THAT MAY BE ISSUED UNDER THE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN PROGRAM; TO AMEND SECTION 57-61-36, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $9,000,000.00 TO $10,500,000.00, THE AMOUNT OF BONDS PROCEEDS THAT THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT MAY UTILIZE UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT FOR THE PURPOSE OF MAKING GRANTS TO COUNTIES AND MUNICIPALITIES UNDER THE DEVELOPMENT INFRASTRUCTURE GRANT PROGRAM; TO REQUIRE 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 69-2-13, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $16,000,000.00 TO $18,000,000.00, THE AMOUNT OF MONEY THAT MAY BE DRAWN FROM THE EMERGING CROPS FUND BY THE MISSISSIPPI BUSINESS FINANCE CORPORATION TO ASSIST IN PROVIDING FINANCING FOR MINORITY ECONOMIC DEVELOPMENT; TO AUTHORIZE THE MISSISSIPPI BUSINESS FINANCE CORPORATION TO PROVIDE SUCH ASSISTANCE; TO INCLUDE CONTRACTS WITH FEDERAL DEPARTMENTS AND AGENCIES IN THE TYPES OF CONTRACTS FOR WHICH THE MISSISSIPPI BUSINESS FINANCE CORPORATION WILL GUARANTEE BID, PERFORMANCE AND PAYMENT BONDS WHICH MINORITY BUSINESSES ARE REQUIRED TO OBTAIN FOR SUCH CONTRACTS; TO AMEND SECTION 69-2-19, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $95,000,000.00 TO $97,000,000.00, THE AMOUNT OF BONDS THAT MAY BE ISSUED TO PROVIDE FUNDS FOR THE EMERGING CROPS FUND; AND FOR RELATED PURPOSES.
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2000/html/History/HB/HB1681.htm