Bill Text | History of Actions | Amendments | Background | Title |
Description: Housing development revolving fund; extend repealer.
Bill Text: [Introduced] [Passed House] [Sent to Governor]
| 1 | 01/03 (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) Amended | |
| 8 | 02/28 (S) Passed As Amended | |
| 9 | 03/02 (S) Returned For Concurrence | |
| 10 | 03/13 (H) Concurred in Amend From Senate | |
| 11 | 03/16 (H) Enrolled Bill Signed | |
| 12 | 03/19 (S) Enrolled Bill Signed | |
| 13 | 03/23 Approved by Governor |
| Adopted | [S] | Amendment No 1 |
| Effective date | July 1, 2001 | |
| Disposition | Law | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority | |
| Chapter number | 456 |
House Committee:
Senate Committee:
Principal Author: Ford
Code Section: A 057-0061-0036
Title: AN ACT TO AMEND SECTION 57-61-36, MISSISSIPPI CODE OF 1972, TO EXTEND THE REPEAL DATE ON THE PROVISION WHICH AUTHORIZES THE MISSISSIPPI DEVELOPMENT AUTHORITY TO MAKE INTEREST-BEARING LOANS TO LEGAL ENTITIES MEETING A CERTAIN CRITERIA THROUGH A HOUSING DEVELOPMENT REVOLVING LOAN FUND; TO INCREASE FROM $5,000,000.00 TO $6,500,000.00 THE AMOUNT OF BOND PROCEEDS THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY MAY UTILIZE UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT FOR THE PURPOSE OF MAKING GRANTS OR LOANS TO COUNTIES AND MUNICIPALITIES TO AID IN INFRASTRUCTURE RELATED IMPROVEMENTS, THE PURCHASE OF EQUIPMENT AND THE PURCHASE, CONSTRUCTION, REPAIR AND RENOVATION OF PUBLIC FACILITIES; TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO UTILIZE NOT MORE THAN $750,000.00 OF THE BOND PROCEEDS UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT FOR THE PURPOSE OF ESTABLISHING A CAPITAL ACCESS PROGRAM UNDER WHICH PARTICIPATING FINANCIAL INSTITUTIONS MAY MAKE LOANS TO QUALIFIED BORROWERS UNDER THE PROGRAM AND BE PROTECTED AGAINST LOSSES FROM SUCH LOANS; TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO USE NOT MORE THAN $200,000.00 OF THE BOND PROCEEDS UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT FOR THE PURPOSE OF ASSISTING WARREN COUNTY, MISSISSIPPI, IN THE CONTINUATION AND COMPLETION OF A STUDY FOR THE PROPOSED KINGS POINT LEVEE; AND FOR RELATED PURPOSES.
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2001/pdf/History/HB/HB0439.htm