Bill Text | History of Actions | Background | Title |
Description: Mississippi Business Finance Corporation; remove repealer on authority to issue bonds to finance economic development projects.
Bill Text: [Introduced]
| 1 | 02/21/00 | (S) | Referred To Finance | |
| 2 | 03/07/00 | (S) | Died In Committee |
| Effective date | July 1, 2000 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
Senate Committee:
Principal Author: Minor
Code Sections: R 057-0010-0401, R 057-0010-0403, R 057-0010-0405, R 057-0010-0407, R 057-0010-0409, R 057-0010-0411, R 057-0010-0413, R 057-0010-0415, R 057-0010-0417, R 057-0010-0419, R 057-0010-0421, R 057-0010-0423, R 057-0010-0425, R 057-0010-0427, R 057-0010-0429, R 057-0010-0431, R 057-0010-0433, R 057-0010-0435, R 057-0010-0437, R 057-0010-0439, R 057-0010-0441, R 057-0010-0443, R 057-0010-0445, R 027-0007-0022.3, RP 057-0010-0449
Title: AN ACT TO REENACT SECTIONS 57-10-401 THROUGH 57-10-445 AND SECTION 27-7-22.3, MISSISSIPPI CODE OF 1972, WHICH PROVIDE FOR THE ISSUANCE OF BONDS BY THE MISSISSIPPI BUSINESS FINANCE CORPORATION TO FINANCE ECONOMIC DEVELOPMENT PROJECTS IN ORDER TO INDUCE THE LOCATION OR EXPANSION OF MANUFACTURING FACILITIES WITHIN THIS STATE, AND PROVIDE FOR A CREDIT AGAINST STATE INCOME TAXES FOR CERTAIN COMPANIES FOR DEBT SERVICE PAID BY SUCH COMPANIES UNDER FINANCING AGREEMENTS ENTERED INTO WITH THE MISSISSIPPI BUSINESS FINANCE CORPORATION, AND PROVIDE FOR A CREDIT AGAINST STATE INCOME TAXES FOR EMPLOYEES OF CERTAIN COMPANIES WHO PAY JOB DEVELOPMENT ASSESSMENT FEES IN THE AMOUNT OF SUCH FEES; TO REPEAL SECTION 57-10-449, MISSISSIPPI CODE OF 1972, WHICH REPEALS SECTIONS 54-10-401 THROUGH 57-10-445, MISSISSIPPI CODE OF 1972, ON OCTOBER 1, 2000; AND FOR RELATED PURPOSES.
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2000/html/History/SB/SB3007.htm