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]
1 | 01/16 (H) Referred To Transportation | |
2 | 01/31 (H) Died In Committee |
Effective date | July 1, 2006 | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
Vote type required | Three/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.
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2006/html/History/HB/HB1014.htm