Bill Text | History of Actions | Background | Title |
Description: Existing Industry Productivity Loan Program and Job Protection Act; authorize MDA to make loans and grants to counties and cities.
Bill Text: [Introduced] [Passed House] [Sent to Governor]
| 1 | 01/12 (H) Referred To Ways and Means | |
| 2 | 01/29 (H) Title Suff Do Pass | |
| 3 | 01/31 (H) Passed {Vote} | |
| 4 | 02/01 (H) Transmitted To Senate | |
| 5 | 02/02 (S) Referred To Finance | |
| 6 | 02/22 (S) Title Suff Do Pass | |
| 7 | 02/28 (S) Passed {Vote} | |
| 8 | 03/01 (S) Transmitted To House | |
| 9 | 03/07 (H) Enrolled Bill Signed | |
| 10 | 03/08 (S) Enrolled Bill Signed | |
| 11 | 03/15 Approved by Governor |
| Effective date | July 1, 2007 | |
| Disposition | Law | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority | |
| Chapter number | 382 |
House Committee:
Senate Committee:
Principal Author: Watson
Code Sections: A 057-0093-0001, A 057-0095-0001
Title: AN ACT TO AMEND SECTION 57-93-1, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO PROVIDE LOANS TO COUNTIES AND INCORPORATED MUNICIPALITIES UNDER THE EXISTING INDUSTRY PRODUCTIVITY LOAN PROGRAM TO ASSIST CERTAIN EXISTING INDUSTRIES IN DEPLOYING LONG-TERM FIXED ASSETS THAT THROUGH NEW TECHNOLOGY WILL IMPROVE PRODUCTIVITY AND COMPETITIVENESS; TO REQUIRE THAT REPAYMENTS OF LOANS AUTHORIZED UNDER THIS SECTION SHALL BE UTILIZED TO PAY THE PRINCIPAL AND INTEREST ON BONDS USED TO FUND SUCH LOANS; TO PROVIDE THE MANNER OF SECURING LOANS MADE TO COUNTIES AND INCORPORATED MUNICIPALITIES UNDER THE PROGRAM; TO AMEND SECTION 57-95-1, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO PROVIDE LOANS AND GRANTS TO COUNTIES AND INCORPORATED MUNICIPALITIES UNDER THE MISSISSIPPI JOB PROTECTION ACT TO PROVIDE ASSISTANCE TO AT-RISK INDUSTRIES TO BE USED FOR JOB RETENTION AND TO IMPROVE PRODUCTIVITY AND COMPETITIVENESS; TO REQUIRE THAT REPAYMENTS OF LOANS AUTHORIZED UNDER THIS SECTION SHALL BE UTILIZED TO PAY THE PRINCIPAL AND INTEREST ON BONDS USED TO FUND SUCH LOANS; TO PROVIDE THE MANNER OF SECURING LOANS MADE TO COUNTIES AND INCORPORATED MUNICIPALITIES UNDER THE ACT; AND FOR RELATED PURPOSES.
End Of Document
2007/html/History/HB/HB0965.htm