Bill Text | History of Actions | Background | Title |
Description: Master Water Management Districts Revolving Loan Fund; create and issue general obligation bonds to fund.
Bill Text: [Introduced]
1 | 01/21 (H) Referred To Ways and Means | |
2 | 02/27 (H) Died In Committee |
Effective date | July 1, 2002 | |
Disposition | Dead | |
Deadline | Revenue | |
Revenue | Yes | |
Vote type required | Three/Fifths |
House Committee:
Principal Author: Simpson
Code Sections: A 051-0007-0027, A 051-0007-0029, A 051-0007-0041
Title: AN ACT TO ESTABLISH A MASTER WATER DISTRICT REVOLVING LOAN PROGRAM TO BE ADMINISTERED BY THE MISSISSIPPI COMMISSION ON ENVIRONMENTAL QUALITY FOR THE PURPOSE OF ASSISTING MASTER WATER MANAGEMENT DISTRICTS IN CARRYING OUT CERTAIN PROJECTS; TO CREATE A SPECIAL FUND IN THE STATE TREASURY DESIGNATED AS THE "MASTER WATER MANAGEMENT DISTRICTS REVOLVING LOAN FUND" FROM WHICH SUCH LOANS MAY BE MADE; TO PRESCRIBE THE DUTIES OF THE MISSISSIPPI COMMISSION ON ENVIRONMENTAL QUALITY REGARDING THE REVOLVING LOAN PROGRAM; TO AUTHORIZE THE ISSUANCE OF $10,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE REVOLVING LOAN PROGRAM ESTABLISHED UNDER THIS ACT; TO AMEND SECTIONS 51-7-27 AND 51-7-29, MISSISSIPPI CODE OF 1972, TO AUTHORIZE MASTER WATER MANAGEMENT DISTRICTS TO APPLY FOR LOANS UNDER THE REVOLVING LOAN PROGRAM ESTABLISHED UNDER THIS ACT; TO AUTHORIZE MASTER WATER MANAGEMENT DISTRICTS TO LEVY SPECIAL ASSESSMENT TAXES ON BENEFITED PROPERTY WITHIN A DISTRICT FOR THE PURPOSE OF REPAYING AND SECURING SUCH LOANS; TO AMEND SECTION 51-7-41, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.
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2002/html/History/HB/HB0988.htm