MISSISSIPPI LEGISLATURE

1999 Regular Session

To: Rules

By: Senator(s) Bryan

A CONCURRENT RESOLUTION SUSPENDING THE DEADLINES FOR THE PURPOSE OF THE FURTHER CONSIDERATION AND PASSAGE OF HOUSE BILL NO. 530, 1999 REGULAR SESSION, ENTITLED "AN ACT TO CREATE THE MISSISSIPPI SINGLE FAMILY RESIDENTIAL HOUSING FUND; TO PROVIDE THAT THE MISSISSIPPI DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT SHALL ADMINISTER SUCH FUND AS A REVOLVING FUND FOR THE PURPOSE OF MAKING LOANS TO ASSIST IN THE CONSTRUCTION OR REHABILITATION, OR BOTH, OF SINGLE FAMILY RESIDENTIAL HOUSING FOR PERSONS OF LOW OR MODERATE INCOME; TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE OF MISSISSIPPI IN THE AMOUNT OF FIVE MILLION DOLLARS TO FUND THE MISSISSIPPI SINGLE FAMILY RESIDENTIAL HOUSING FUND; AND FOR RELATED PURPOSES."

BE IT RESOLVED BY THE SENATE OF THE STATE OF MISSISSIPPI, THE HOUSE OF REPRESENTATIVES CONCURRING THEREIN, That the following bill is hereby exempt from the timetable for consideration of bills provided by Joint Rule No. 40, and that consent is hereby given for further consideration of House Bill No. 530, 1999 Regular Session, entitled "AN ACT TO CREATE THE MISSISSIPPI SINGLE FAMILY RESIDENTIAL HOUSING FUND; TO PROVIDE THAT THE MISSISSIPPI DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT SHALL ADMINISTER SUCH FUND AS A REVOLVING FUND FOR THE PURPOSE OF MAKING LOANS TO ASSIST IN THE CONSTRUCTION OR REHABILITATION, OR BOTH, OF SINGLE FAMILY RESIDENTIAL HOUSING FOR PERSONS OF LOW OR MODERATE INCOME; TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS OF THE STATE OF MISSISSIPPI IN THE AMOUNT OF FIVE MILLION DOLLARS TO FUND THE MISSISSIPPI SINGLE FAMILY RESIDENTIAL HOUSING FUND; AND FOR RELATED PURPOSES."