Mississippi Legislature
2004 Regular Session

House Bill 1788

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Bill Text

History of Actions

Amendments

Background

Title

Description: Bonds; authorize issuance for certain economic development programs and projects.

Bill Text: [Introduced] [Committee Substitute] [Passed House]

History of Actions:

1 03/29 (H) Referred To Ways and Means
2 03/29 (H) Title Suff Do Pass Comm Sub
3 03/30 (H) Read the Third Time
4 03/31 (H) Committee Substitute Adopted
5 03/31 (H) Passed
6 04/01 (H) Transmitted To Senate
7 04/02 (S) Referred To Finance
8 04/14 (S) Title Suff Do Pass As Amended
9 04/20 (S) Amended
10 04/20 (S) Passed As Amended
11 04/21 (S) Returned For Concurrence
12 04/22 (H) Decline to Concur/Invite Conf
13 04/26 (H) Conferees Named Watson,Howell,Robinson (63rd)
14 04/27 (S) Conferees Named Robertson,Hewes,Carmichael
15 05/01 (H) Died In Conference

Amendments:

Adopted [S] Committee Amendment No 1
   
[S] Amendment Report for House Bill No. 1788

Background Information:

Effective datePassage
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Senate Committee:

Principal Author: Howell

Additional Authors: Smith (39th), Morris, Read, Watson

Code Sections: A 057-0001-0018, A 069-0046-0005, A 069-0046-0007

Title: AN ACT TO AUTHORIZE THE ISSUANCE OF $10,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE MISSISSIPPI RURAL IMPACT FUND; TO AUTHORIZE THE ISSUANCE OF $10,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE SMALL MUNICIPALITIES AND LIMITED POPULATION COUNTIES FUND; TO AMEND SECTION 57-1-18, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A PORTION OF THE PROCEEDS OF CERTAIN BONDS MAY BE UTILIZED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY TO REIMBURSE CERTAIN COSTS RELATED TO THE ADMINISTRATION OF THE FUND AND TO LIMIT THE AMOUNT OF GRANTS ISSUED TO A MUNICIPALITY OR COUNTY DURING ANY GRANT PERIOD TO $250,000.00; TO AUTHORIZE THE ISSUANCE OF $1,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE ACE FUND; TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE OF MISSISSIPPI FOR THE PURPOSE OF PROVIDING FUNDS FOR THE MISSISSIPPI LAND, WATER AND TIMBER RESOURCES FUND; TO AMEND SECTION 69-46-5, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE MISSISSIPPI LAND, WATER AND TIMBER RESOURCES BOARD MAY PROVIDE LOAN GUARANTIES ON BEHALF OF PUBLIC AND PRIVATE ENTITIES IN ANY MANNER THE BOARD DETERMINES APPROPRIATE FOR THE PURPOSES OF CARRYING OUT THE PROVISIONS OF THE MISSISSIPPI LAND, WATER AND TIMBER RESOURCES ACT; TO AMEND SECTION 69-46-7, MISSISSIPPI CODE OF 1972, TO REQUIRE THE MISSISSIPPI LAND, WATER AND TIMBER RESOURCES BOARD TO SET ASIDE $800,000.00 OF THE MONIES IN THE MISSISSIPPI LAND, WATER AND TIMBER RESOURCES FUND FOR THE PURPOSE OF PROVIDING LOANS, GRANTS, CONTRACTS, LOAN GUARANTIES OR OTHER FORMS OF ASSISTANCE TO ANY PRIVATE ENTITY ENGAGED IN THE MANUFACTURE OF ENVIRONMENTALLY RESPONSIBLE PRODUCTS; TO AUTHORIZE THE MISSISSIPPI LAND, WATER AND TIMBER RESOURCES BOARD TO PROVIDE A PORTION OF THE MONIES IN THE MISSISSIPPI LAND, WATER AND TIMBER RESOURCES FUND, WHICH ARE DERIVED FROM THE PROCEEDS OF BONDS AUTHORIZED UNDER THIS ACT, TO THE MISSISSIPPI DEPARTMENT OF AGRICULTURE AND COMMERCE, THE MISSISSIPPI DEVELOPMENT AUTHORITY AND THE DEPARTMENT OF AUDIT TO DEFRAY COSTS INCURRED BY SUCH ENTITIES IN ASSISTING THE BOARD IN CARRYING OUT THE PROVISIONS OF THE MISSISSIPPI LAND, WATER AND TIMBER RESOURCES ACT; TO AUTHORIZE THE ISSUANCE OF $48,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR CAPITAL IMPROVEMENTS AT THE STATE-OWNED SHIPYARD LOCATED IN JACKSON COUNTY, MISSISSIPPI; TO PROVIDE THAT THE ISSUANCE OF SUCH BONDS SHALL BE CONDITIONED ON THE LESSEE INCURRING A CERTAIN AMOUNT OF DEBT FOR CAPITAL IMPROVEMENTS, CAPITAL INVESTMENTS OR CAPITAL UPGRADES TO SHIPYARDS IN MISSISSIPPI OWNED OR LEASED BY SUCH LESSEE; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 05/05/04 at 14:44.

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