Bill Text | History of Actions | Amendments | Background | Title |
Description: MS Major Economic Impact Act; clarify that MS Major Economic Impact Authority may hold title to land, revise note maturity date.
Bill Text: [Introduced] [Committee Substitute] [Passed Senate] [Sent to Governor]
| 1 | 01/14 (S) Referred To Finance | |
| 2 | 01/30 (S) Title Suff Do Pass Comm Sub | |
| 3 | 02/05 (S) Committee Substitute Adopted | |
| 4 | 02/05 (S) Passed | |
| 5 | 02/05 (S) Motion to Reconsider Entered | |
| 6 | 02/11 (S) Reconsidered | |
| 7 | 02/11 (S) Amended | |
| 8 | 02/11 (S) Passed As Amended | |
| 9 | 02/14 (S) Transmitted To House | |
| 10 | 02/17 (H) Referred To Ways and Means | |
| 11 | 03/04 (H) Title Suff Do Pass As Amended | |
| 12 | 03/04 (H) Amended | |
| 13 | 03/04 (H) Passed As Amended | |
| 14 | 03/05 (H) Returned For Concurrence | |
| 15 | 03/13 (S) Decline to Concur/Invite Conf | |
| 16 | 03/21 (S) Conferees Named Minor,Nunnelee,Canon | |
| 17 | 03/25 (H) Conferees Named Morris,Smith (39th),Bailey | |
| 18 | 03/29 (H) Conference Report Filed | |
| 19 | 03/29 (S) Conference Report Filed | |
| 20 | 03/30 (H) Conference Report Adopted | |
| 21 | 03/30 (S) Conference Report Adopted | |
| 22 | 04/01 (S) Enrolled Bill Signed | |
| 23 | 04/02 (H) Enrolled Bill Signed | |
| 24 | 04/19 Approved by Governor |
| Adopted | [S] | Amendment No 1 |
| Adopted | [H] | Amendment No 1 |
| Effective date | July 1, 2003 | |
| Disposition | Law | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths | |
| Chapter number | 513 |
Senate Committee:
House Committee:
Principal Author: Minor
Code Sections: A 029-0001-0001, A 057-0075-0005, A 057-0075-0011, A 057-0075-0015
Title: AN ACT TO AMEND SECTION 29-1-1, MISSISSIPPI CODE OF 1972, TO EXEMPT CERTAIN PURCHASES OF LAND UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT FROM THE PROVISIONS THAT THE TITLE OF ALL LAND HELD BY A STATE AGENCY SHALL APPEAR UNDER THE NAME OF THE STATE THAT GIVES THE SECRETARY OF STATE CERTAIN POWERS AND DUTIES WITH REGARD TO THE SALE AND PURCHASE OF LAND BY A STATE AGENCY AND THAT REQUIRE CERTAIN NOTICE TO BE GIVEN PRIOR TO THE PURCHASE OR SALE OF LAND BY A STATE AGENCY; TO AMEND SECTION 57-75-5, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "PROJECT" FOR PURPOSES OF THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT; TO AMEND SECTION 57-75-11, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE MISSISSIPPI MAJOR ECONOMIC IMPACT AUTHORITY TO CONVEY CERTAIN PROPERTY ACQUIRED BY THE AUTHORITY UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT TO CERTAIN LOCAL GOVERNMENTS; TO MAKE IT CLEAR THAT THE MISSISSIPPI MAJOR ECONOMIC IMPACT AUTHORITY MAY PURCHASE AND PROVIDE WATER TO CERTIFICATED WATER PROVIDERS FOR CONNECTION WITH SURFACE WATER TRANSMISSION LINES OWNED BY THE AUTHORITY, AND THAT THE AUTHORITY MAY LEASE SUCH LINES TO CERTIFICATED WATER PROVIDERS; TO GRANT CERTAIN ADDITIONAL POWERS TO THE MISSISSIPPI MAJOR ECONOMIC IMPACT AUTHORITY; TO AMEND SECTION 57-75-15, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS IN THE AMOUNT OF $38,500,000.00 FOR CERTAIN PROJECTS UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS IN THE AMOUNT OF $11,500,000.00 FOR CERTAIN PROJECTS UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT; TO REVISE THE PURPOSES FOR WHICH THE BOND PROCEEDS MAY BE UTILIZED UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT; TO PROVIDE THAT THE MATURITY DATE FOR BOND ANTICIPATORY NOTES ISSUED UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT MAY NOT EXCEED THREE YEARS FOLLOWING THE DATE OF ITS ISSUANCE; TO AUTHORIZE THE STATE BOND COMMISSION TO AUTHORIZE THE STATE TREASURER TO BORROW MONEY FROM ANY SPECIAL FUND IN THE STATE TREASURY NOT OTHERWISE APPROPRIATED TO BE USED BY THE MISSISSIPPI MAJOR ECONOMIC IMPACT AUTHORITY FOR COSTS INCURRED WITH RESPECT TO CERTAIN PROJECTS; TO PROVIDE THAT THE MISSISSIPPI MAJOR ECONOMIC IMPACT AUTHORITY SHALL REQUEST AN APPROPRIATION OR ADDITIONAL AUTHORITY TO ISSUE GENERAL OBLIGATION BONDS TO REPAY THE BORROWED FUNDS AND ESTABLISH A DATE FOR THE REPAYMENT OF THE FUNDS SO BORROWED; TO LIMIT TO $500,000.00 THE AMOUNT THAT MAY BE SO BORROWED AT ANY ONE TIME; AND FOR RELATED PURPOSES.
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2003/html/History/SB/SB2322.htm