Bill Text | History of Actions | Background | Title |
Description: Mississippi Major Economic Impact Act; revise definition of project and increase amount of bonds authorized for certain projects.
Bill Text: [Introduced]
| 1 | 01/08 (H) Referred To Ways and Means | |
| 2 | 02/27 (H) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
House Committee:
Principal Author: Clark
Code Sections: A 057-0075-0005, A 057-0075-0015
Title: AN ACT TO AMEND SECTION 57-75-5, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "PROJECT" UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT TO INCLUDE ANY MAJOR CAPITAL PROJECT DESIGNED TO CONSTRUCT THE INITIAL MANUFACTURING FACTORY IN HOLMES COUNTY, MISSISSIPPI AND TO CONSTRUCT THE CORPORATE HEADQUARTERS AND ADDITIONAL MANUFACTURING CAPABILITY IN THE GOLDEN TRIANGLE REGION OF THE STATE FOR ANY MISSISSIPPI CORPORATION THAT MANUFACTURES THIN FILM POLYMER LITHIUM-ION RECHARGEABLE BATTERIES AND HAS A TEN-YEAR STRATEGIC PLAN OF SUPPORTING 1,500 DIRECT PROJECT-RELATED JOBS FOR EACH GROUP OF POLYMER LITHIUM-ION RECHARGEABLE BATTERY CONTRACTS AMOUNTING TO $40,000,000.00; TO AMEND SECTION 57-75-15, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF BONDS THAT MAY BE ISSUED FOR CERTAIN PROJECTS UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT FROM $20,370,000.00 TO $29,370,000.00, AND TO REVISE THE DATE BY WHICH BONDS FOR CERTAIN PROJECTS MUST BE ISSUED; AND FOR RELATED PURPOSES.
End Of Document
2002/html/History/HB/HB0020.htm