Bill Text | History of Actions | Background | Title |
Description: Water systems and water pollution control projects; certain loans made to public entities held in abeyance.
Bill Text: [Introduced]
| 1 | 01/16 (H) Referred To Conservation and Water Resources | |
| 2 | 01/31 (H) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths |
House Committee:
Principal Author: Compretta
Additional Author: Dedeaux
Code Sections: A 041-0003-0016, A 049-0017-0085, A 049-0017-0087, BF 049-0017-0089
Title: AN ACT TO PROVIDE THAT THE BALANCE ON A LOAN MADE TO A COUNTY, MUNICIPALITY, DISTRICT OR OTHER WATER ORGANIZATION FOR EXPANSION OR REPAIR OF A WATER SYSTEM FROM THE "LOCAL GOVERNMENTS AND RURAL WATER SYSTEMS IMPROVEMENTS REVOLVING LOAN FUND" OR ON A LOAN TO A POLITICAL SUBDIVISION FOR CONSTRUCTION OF A WATER POLLUTION CONTROL PROJECT FROM THE "WATER POLLUTION CONTROL REVOLVING FUND" SHALL BE HELD IN ABEYANCE IF THE COUNTY, MUNICIPALITY, DISTRICT OR OTHER WATER ORGANIZATION, OR POLITICAL SUBDIVISION IS LOCATED IN A SPECIFIC AREA OF THE STATE COVERED BY THE PRESIDENTIAL DECLARATION OF MAJOR DISASTER PERTAINING TO HURRICANE KATRINA; TO PROVIDE THAT IF THE BORROWER IS UNABLE TO PAY THE SUMS IN ARREARS ON SUCH A LOAN BECAUSE OF HURRICANE KATRINA, THEN REPAYMENT OF THE BALANCE REMAINING ON THE LOAN AFTER AUGUST 29, 2005, SHALL BE HELD IN ABEYANCE; TO PROVIDE THAT ANY LOAN AGREEMENT EXECUTED BEFORE AUGUST 29, 2005, WITH REGARD TO SUCH LOAN PROGRAMS SHALL BE AMENDED BY OPERATION OF LAW TO INCLUDE A "HURRICANE KATRINA ABEYANCE STIPULATION"; TO AMEND SECTION 41-3-16, MISSISSIPPI CODE OF 1972, PERTAINING TO THE "LOCAL GOVERNMENTS AND RURAL WATER SYSTEMS IMPROVEMENTS REVOLVING LOAN FUND," IN CONFORMITY THERETO; TO AMEND SECTIONS 49-17-85 AND 49-17-87, MISSISSIPPI CODE OF 1972, PERTAINING TO THE "WATER POLLUTION CONTROL REVOLVING FUND," IN CONFORMITY THERETO; TO BRING FORWARD SECTION 49-17-89, MISSISSIPPI CODE OF 1972, PERTAINING TO THE "WATER POLLUTION CONTROL REVOLVING FUND," FOR PURPOSES OF AMENDMENT; AND FOR RELATED PURPOSES.
End Of Document
2006/html/History/HB/HB1313.htm