MISSISSIPPI LEGISLATURE

1999 Regular Session

To: Municipalities

By: Senator(s) Jordan (24th)

Senate Bill 2864

(As Sent to Governor)

AN ACT TO CODIFY SECTION 21-19-44, MISSISSIPPI CODE OF 1972, TO GRANT TO MUNICIPALITIES THE POWER TO SUPPORT CERTAIN LOCAL ECONOMIC DEVELOPMENT AND RELATED ORGANIZATIONS; AND FOR RELATED PURPOSES.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. The following section shall be codified as Section 21-19-44, Mississippi Code of 1972:

21-19-44. The municipal governing authorities of any municipality shall have the power and authority, in their discretion, to execute contracts and agreements with, and to appropriate, contribute and donate to, or expend budgeted funds for, local economic development organizations and designated Main Street programs.

SECTION 2. This act shall take effect and be in force from and after July 1, 1999.