Mississippi Legislature
2001 Regular Session

House Bill 1482

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Bill Text

History of Actions

Background

Title

Description: Mississippi Small Business Assistance Act; authorize MDA to take over loan programs that are not active.

Bill Text: [Introduced] [Passed House] [Sent to Governor]

History of Actions:

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
7 02/28 (S) Passed
8 03/01 (S) Transmitted To House
9 03/06 (H) Enrolled Bill Signed
10 03/07 (S) Enrolled Bill Signed
11 03/13 Approved by Governor

Background Information:

Effective dateJuly 1, 2001
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority
Chapter number428

House Committee:

Senate Committee:

Principal Author: Morris

Code Sections: A 057-0010-0511, A 057-0010-0505

Title: AN ACT TO AMEND SECTION 57-10-511, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT IF THE MISSISSIPPI DEVELOPMENT AUTHORITY FINDS THAT A PLANNING AND DEVELOPMENT DISTRICT OR A QUALIFIED ENTITY ADMINISTERING A REVOLVING LOAN PROGRAM UNDER THE MISSISSIPPI SMALL BUSINESS ASSISTANCE ACT IS NOT ACTIVELY ENGAGED IN LENDING, SUCH DISTRICT OR ENTITY MAY BE FOUND TO BE IN DEFAULT AND BE REQUIRED TO CEASE PROVIDING ASSISTANCE, REFUND ALL FUNDS HELD IN ITS REVOLVING ASSISTANCE FUND AND, IF REQUIRED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY, CONVEY TO THE MISSISSIPPI DEVELOPMENT AUTHORITY ALL ADMINISTRATIVE AND MANAGEMENT CONTROL OF ASSISTANCE UNDER THE PROGRAM; TO AMEND SECTION 57-10-505, MISSISSIPPI CODE OF 1972, TO REFLECT THE CHANGE OF THE NAME OF THE DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT TO THE MISSISSIPPI DEVELOPMENT AUTHORITY; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/14/01 at 00:01.

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