Bill Text | History of Actions | Background | Title |
Description: Mississippi Major Economic Impact Act; revise provision regarding use of bond proceeds for certain projects.
Bill Text: [Introduced]
| 1 | 01/17 (H) Referred To Ways and Means | |
| 2 | 02/01 (H) Died In Committee |
| Effective date | July 1, 2005 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths |
House Committee:
Principal Author: Watson
Code Section: A 057-0075-0015
Title: AN ACT TO AMEND SECTION 57-75-15, MISSISSIPPI CODE OF 1972, TO DELETE THE PROVISION REQUIRING THAT IF PROCEEDS OF BONDS ISSUED UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT FOR PROJECTS RELATED TO THE MERIDIAN NAVAL AUXILIARY AIR STATION ARE USED BY THE CITY OF MERIDIAN, MISSISSIPPI, FOR THE DEVELOPMENT OF A WATER AND SEWER SERVICE SYSTEM TO SERVE THE AIR STATION AND THE CITY OF MERIDIAN ANNEXES ANY OF THE TERRITORY SERVED BY THE WATER AND SEWER SERVICE SYSTEM, THEN THE CITY OF MERIDIAN MUST REPAY THE STATE OF MISSISSIPPI THE AMOUNT OF THE BOND PROCEEDS EXPENDED ON ANY PORTION OF THE WATER AND SEWER SERVICE SYSTEM PROJECT; AND FOR RELATED PURPOSES.
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2005/html/History/HB/HB1244.htm