Bill Text | History of Actions | Background | Title |
Description: Planning and development districts and qualifying entities; require to loan at least 75% of revolving assistance funds.
Bill Text: [Introduced]
| 1 | 01/15 (H) Referred To Appropriations | |
| 2 | 01/30 (H) Died In Committee |
| Effective date | July 1, 2007 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Ellis
Code Section: A 057-0010-0511
Title: AN ACT TO AMEND SECTION 57-10-511, MISSISSIPPI CODE OF 1972, TO REQUIRE PLANNING AND DEVELOPMENT DISTRICTS AND QUALIFYING ENTITIES THAT ADMINISTER REVOLVING ASSISTANCE FUNDS TO LOAN AT LEAST SEVENTY-FIVE PERCENT OF SUCH FUNDS BY DECEMBER 31 OF EACH CALENDAR YEAR; TO PROVIDE THAT IF SUCH DISTRICTS AND ENTITIES FAIL TO LOAN THE REQUIRED AMOUNT, THEN THE MISSISSIPPI DEVELOPMENT AUTHORITY SHALL BE REFUNDED THE FUNDS AND THE SERVICES PROVIDED IN REGARDS TO SUCH FUNDS SHALL CEASE TO BE PROVIDED; AND FOR RELATED PURPOSES.
End Of Document
2007/html/History/HB/HB1269.htm