Bill Text | History of Actions | Background | Title |
Description: Mississippi Small Business Opportunities Program; create and authorize issuance of bonds to fund.
Bill Text: [Introduced]
1 | 02/04 (H) Referred To Ways and Means | |
2 | 02/23 (H) Died In Committee |
Effective date | July 1, 2005 | |
Disposition | Dead | |
Deadline | Revenue | |
Revenue | Yes | |
Vote type required | Three/Fifths |
House Committee:
Principal Author: Scott
Additional Authors: Blackmon, Clark, Coleman (29th), Coleman (65th), Espy, Evans, Fredericks, Harrison, Johnson, Myers
Title: AN ACT TO CREATE THE MISSISSIPPI SMALL BUSINESS OPPORTUNITIES PROGRAM TO BE ADMINISTERED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY FOR THE PURPOSE OF PROVIDING LOANS AND GRANTS TO COUNTIES AND MUNICIPALITIES AND LOANS TO SMALL BUSINESS ENTERPRISES AND OTHER ENTITIES TO ASSIST IN CREATING AND IMPROVING OPPORTUNITIES FOR SMALL BUSINESS ENTERPRISES IN AREAS OF THE STATE WITH POORLY RATED SCHOOL DISTRICTS, HIGH UNEMPLOYMENT RATES, HIGH POVERTY RATES, HIGH CRIME RATES, LOW RATES OF HOME OWNERSHIP, AND/OR LOW RATES OF NEW HOUSING DEVELOPMENT; TO CREATE THE MISSISSIPPI SMALL BUSINESS OPPORTUNITIES FUND TO BE ADMINISTERED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY; TO AUTHORIZE THE ISSUANCE OF $25,000,000.00 IN STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE MISSISSIPPI SMALL BUSINESS OPPORTUNITIES FUND; AND FOR RELATED PURPOSES.
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2005/html/History/HB/HB1581.htm