***Adopted***

AMENDMENT No. 1 PROPOSED TO

                             House Bill NO. 838

                             By Representative(s) Morris


     AMEND by inserting the following language after line 219:

     "(7)  Notwithstanding any provision of this chapter to the contrary, the Mississippi Development Authority shall utilize not more than One Hundred Thousand Dollars ($100,000.00) out of the proceeds of bonds authorized to be issued in this chapter for the purpose of developing a long-range plan for coordinating the resources of the state institutions of higher learning, the Mississippi Development Authority and other state agencies in order to promote economic development in the state."

     AMEND further the title on line 15 by inserting the following language after the semicolon:

"TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO USE NOT MORE THAN $100,000.00 OF THE BOND PROCEEDS UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT FOR THE PURPOSE OF DEVELOPING A LONG-RANGE PLAN FOR COORDINATING THE RESOURCES OF THE STATE INSTITUTIONS OF HIGHER LEARNING, THE MISSISSIPPI DEVELOPMENT AUTHORITY AND OTHER STATE AGENCIES IN ORDER TO PROMOTE ECONOMIC DEVELOPMENT IN THE STATE."