Description: Bonds; issue general obligations bonds for improvements at the state-owned shipyard located in Jackson County.
Bill Text: [Introduced]
History of Actions:
|01/17 (H) Referred To Ways and Means
|02/23 (H) Died In Committee
|Vote type required
Principal Author: Ishee
Title: AN ACT TO AUTHORIZE THE ISSUANCE OF $56,000,000.00 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.
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