Mississippi Legislature
2006 Regular Session

House Bill 1014

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Bill Text

History of Actions

Background

Title

Description: Highway projects; limit maximum amount that may be funded with advanced funding to Mississippi Department of Transportation.

Bill Text: [Introduced]

History of Actions:

1 01/16 (H) Referred To Transportation
2 01/31 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2006
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths

House Committee:

Principal Author: Dedeaux

Additional Authors: Bailey, Clarke, Hudson, Moss, Robinson (63rd), Rogers (61st)

Code Section: A 065-0001-0008

Title: AN ACT TO AMEND SECTION 65-1-8, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT HIGHWAY PROJECTS OF THE MISSISSIPPI TRANSPORTATION COMMISSION FUNDED WITH ADVANCED FUNDS SHALL NOT HAVE A COST IN EXCESS OF 3.75 PERCENT OF THE ANNUAL EXPENDITURES OF THE MISSISSIPPI DEPARTMENT OF TRANSPORTATION FOR THE FISCAL YEAR IMMEDIATELY PRECEDING THE ONE IN WHICH THE ADVANCED FUNDING AGREEMENT WAS EXECUTED; TO REQUIRE THAT THE STATE BOND COMMISSION REVIEW AND APPROVE THOSE AGREEMENTS IN WHICH BOND PROCEEDS ARE USED TO PROVIDE THE ADVANCED FUNDING; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 01/31/06 at 18:07.

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