House Concurrent Resolution 72

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."

BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE STATE OF MISSISSIPPI, THE SENATE CONCURRING THEREIN, That the Joint Rules of the House and the Senate, including all the deadlines and other provisions imposed by Joint Rule No. 40, are suspended 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."