Bill Text | History of Actions | Amendments | Background | Title |
Description: Emerging Crops Fund; increase amount of bonds for and increase funds used for minority economic development and surety bond program.
Bill Text: [Introduced] [Passed House] [Sent to Governor]
| 1 | 01/15 (H) Referred To Ways and Means | |
| 2 | 01/24 (H) Title Suff Do Pass | |
| 3 | 01/29 (H) Passed | |
| 4 | 01/30 (H) Transmitted To Senate | |
| 5 | 02/06 (S) Referred To Finance | |
| 6 | 02/13 (S) Title Suff Do Pass As Amended | |
| 7 | 03/09 (S) Amended | |
| 8 | 03/09 (S) Passed As Amended | |
| 9 | 03/12 (S) Returned For Concurrence | |
| 10 | 03/13 (H) Decline to Concur/Invite Conf | |
| 11 | 03/14 (H) Conferees Named Morris,Eaton,Fredericks | |
| 12 | 03/21 (S) Conferees Named Minor,Mettetal,Nunnelee | |
| 13 | 03/24 (H) Conference Report Filed | |
| 14 | 03/24 (S) Conference Report Filed | |
| 15 | 03/25 (H) Conference Report Adopted | |
| 16 | 03/26 (S) Conference Report Adopted | |
| 17 | 03/27 (H) Enrolled Bill Signed | |
| 18 | 03/28 (S) Enrolled Bill Signed | |
| 19 | 04/07 Approved by Governor |
| Adopted | [S] | Amendment No 1 |
| Effective date | January 1, 2001 | |
| Disposition | Law | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths | |
| Chapter number | 540 |
House Committee:
Senate Committee:
Principal Author: Morris
Code Sections: A 069-0002-0013, A 069-0002-0019
Title: AN ACT TO AMEND SECTION 69-2-13, MISSISSIPPI CODE OF 1972, TO PLACE THE ADMINISTRATION OF ALL PROGRAMS IN THE EMERGING CROPS FUND UNDER THE MISSISSIPPI DEVELOPMENT AUTHORITY; TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO DRAW AN ADDITIONAL $5,000,000.00 FROM THE EMERGING CROPS FUND FOR THE MINORITY ECONOMIC DEVELOPMENT LOAN PROGRAM ESTABLISHED IN THE EMERGING CROPS FUND; TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO DECLARE PLANNING AND DEVELOPMENT DISTRICTS AND QUALIFIED ENTITIES ADMINISTERING SUCH LOAN PROGRAMS IN DEFAULT UNDER CERTAIN CIRCUMSTANCES AND TO TAKE CERTAIN ACTIONS IN THE EVENT OF A DEFAULT; TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO USE AN ADDITIONAL $1,000,000.00 FROM THE MINORITY ECONOMIC DEVELOPMENT LOAN PROGRAM FOR ITS MINORITY BUSINESS ENTERPRISE SURETY BOND GUARANTEE PROGRAM; TO PROVIDE THAT IF FEDERAL FUNDS ARE NOT AVAILABLE FOR COMMITMENTS MADE BY A PLANNING AND DEVELOPMENT DISTRICT TO PROVIDE ASSISTANCE UNDER ANY FEDERAL LOAN PROGRAM ADMINISTERED BY THE PLANNING AND DEVELOPMENT DISTRICT IN COORDINATION WITH THE APPALACHIAN REGIONAL COMMISSION OR ECONOMIC DEVELOPMENT ADMINISTRATION, OR BOTH, A PLANNING AND DEVELOPMENT DISTRICT MAY USE UNCOMMITTED FUNDS IN ITS MINORITY ECONOMIC DEVELOPMENT LOAN REVOLVING FUND FOR THE PURPOSE OF PROVIDING TEMPORARY FUNDING FOR SUCH COMMITMENTS; TO PROVIDE THAT IF A PLANNING AND DEVELOPMENT DISTRICT USES SUCH UNCOMMITTED FUNDS TO PROVIDE SUCH TEMPORARY FUNDING, THE DISTRICT SHALL USE FUNDS REPAID TO THE DISTRICT UNDER THE TEMPORARILY FUNDED FEDERAL LOAN PROGRAM TO REPLENISH THE FUNDS USED TO PROVIDE THE TEMPORARY FUNDING; TO LIMIT THE NUMBER OF TIMES A PLANNING AND DEVELOPMENT DISTRICT MAY USE UNCOMMITTED FUNDS IN ITS LOAN REVOLVING FUND TO PROVIDE SUCH TEMPORARY FUNDING AND THE AMOUNT OF SUCH FUNDS THAT MAY BE USED FOR SUCH PURPOSES DURING A CALENDAR YEAR; TO AMEND SECTION 69-2-19, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $97,000,000.00 TO $102,000,000.00, THE AGGREGATE AMOUNT OF BONDS THAT MAY BE ISSUED FOR THE EMERGING CROPS FUND; AND FOR RELATED PURPOSES.
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2001/html/History/HB/HB1352.htm