Mississippi Legislature
2007 Regular Session

House Bill 596

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Bill Text

History of Actions

Background

Title

Description: Mississippi Small Business Opportunities Program; create and authorize issuance of bonds to fund.

Bill Text: [Introduced]

History of Actions:

1 01/08 (H) Referred To Ways and Means
2 02/21 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2007
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: Hines

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.


Information pertaining to this measure was last updated on 02/21/07 at 15:45.

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