Bill Text | History of Actions | Background | Title |
Description: Mississippi Development Bank; revise authority to make loans and issue bonds.
Bill Text: [Introduced] [Committee Substitute] [Passed Senate] [Sent to Governor]
| 1 | 01/20 (S) Referred To Finance | |
| 2 | 02/04 (S) Title Suff Do Pass Comm Sub | |
| 3 | 02/05 (S) Committee Substitute Adopted | |
| 4 | 02/05 (S) Passed | |
| 5 | 02/10 (S) Transmitted To House | |
| 6 | 02/10 (H) Referred To Ways and Means | |
| 7 | 02/27 (H) Title Suff Do Pass | |
| 8 | 02/27 (H) Passed | |
| 9 | 02/28 (H) Transmitted To Senate | |
| 10 | 03/03 (S) Enrolled Bill Signed | |
| 11 | 03/03 (H) Enrolled Bill Signed | |
| 12 | 03/07 Approved by Governor |
| Effective date | Passage | |
| Disposition | Law | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths | |
| Chapter number | 328 |
Senate Committee:
House Committee:
Principal Author: Minor
Code Sections: A 031-0025-0019, A 031-0025-0021, A 031-0025-0027, A 031-0025-0051
Title: AN ACT TO AMEND SECTION 31-25-19, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT BANK TO RECEIVE AND ACCEPT LOAN GUARANTEES; TO ALLOW THE MISSISSIPPI DEVELOPMENT BANK TO LOAN MONEY TO A LOCAL GOVERNMENTAL UNIT UNDER ANY LOAN GUARANTY PROGRAM OF ANY DEPARTMENT OR AGENCY OF THE UNITED STATES, INCLUDING THE UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITY SERVICES WATER AND WASTE DISPOSAL GUARANTEED LOAN PROGRAM AND COMMUNITY PROGRAMS GUARANTEED LOAN PROGRAM OR ANY SUCH SUCCESSOR GUARANTY PROGRAM; TO PROVIDE ADDITIONAL AUTHORITY TO THE MISSISSIPPI DEVELOPMENT BANK; TO AMEND SECTION 31-25-21, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT BANK TO ISSUE BONDS TO FUND LOANS UNDER ANY LOAN GUARANTY PROGRAM; TO AMEND SECTION 31-25-27, MISSISSIPPI CODE OF 1972, TO AUTHORIZE LOCAL GOVERNMENTAL UNIT TO BORROW MONEY FROM THE MISSISSIPPI DEVELOPMENT BANK UNDER ANY LOAN GUARANTY PROGRAM OF ANY DEPARTMENT OR AGENCY OF THE UNITED STATES, INCLUDING THE UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITY SERVICES WATER AND WASTE DISPOSAL GUARANTEED LOAN PROGRAM AND COMMUNITY PROGRAMS GUARANTEED LOAN PROGRAM OR ANY SUCH SUCCESSOR GUARANTY PROGRAM; TO AMEND SECTION 31-25-51, MISSISSIPPI CODE OF 1972, TO REVISE THE POWERS OF THE MISSISSIPPI DEVELOPMENT BANK; AND FOR RELATED PURPOSES.
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2003/html/History/SB/SB2710.htm