Bill Text | History of Actions | Background | Title |
Description: Suspend deadlines for introduction; Major Economic Impact Act; revise definition of project, authorize bonds.
Bill Text: [Introduced]
1 | 03/01 (H) Referred To Rules | |
2 | 03/30 (H) Died In Committee |
Effective date | No Effective Date | |
Disposition | Dead | |
Deadline | None | |
Revenue | No | |
Vote type required | Two/Thirds |
House Committee:
Principal Author: Fleming
Title: A CONCURRENT RESOLUTION SUSPENDING THE DEADLINES FOR THE PURPOSE OF REQUESTING THE DRAFTING, AND THE INTRODUCTION, CONSIDERATION AND PASSAGE, OF A BILL ENTITLED "AN ACT TO AMEND SECTION 57-75-5, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "PROJECT" UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT; TO AMEND SECTION 57-75-15, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE ISSUANCE OF BONDS FOR CERTAIN PROJECTS UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS IN THE AMOUNT OF $14,500,000.00 TO PROVIDE FUNDS TO THE PONTOTOC UNION LEE ALLIANCE TO ASSIST IN PAYING COSTS INCURRED FOR PURCHASING REAL PROPERTY AND OPTIONS ON REAL PROPERTY, CONSTRUCTION AND DEVELOPMENT OF BUILDINGS, FACILITIES, INFRASTRUCTURE AND OTHER IMPROVEMENTS TO PROPERTY, AND CONDUCTING ENGINEERING, ENVIRONMENTAL AND RELATED SURVEYS OR STUDIES, NECESSARY TO IMPROVE AND ENHANCE ANY SITE FOR THE RECRUITMENT AND LOCATION OF A MAJOR ECONOMIC DEVELOPMENT PROJECT; TO REQUIRE THE COMMITMENT OF A CERTAIN AMOUNT OF MATCHING FUNDS BEFORE BONDS MAY BE ISSUED UNDER THIS ACT; AND FOR RELATED PURPOSES."
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