MISSISSIPPI LEGISLATURE

2012 Regular Session

To: Local and Private Legislation

By: Representative Burnett

House Bill 130

AN ACT TO AMEND CHAPTER 928, LOCAL AND PRIVATE LAWS OF 2004, AS AMENDED BY CHAPTER 934, LOCAL AND PRIVATE LAWS OF 2007, TO INCREASE THE NUMBER OF YEARS THAT THE BOARD OF SUPERVISORS OF TUNICA COUNTY, MISSISSIPPI, IS AUTHORIZED TO CONTRIBUTE FUNDS TO THE TUNICA COUNTY ECONOMIC DEVELOPMENT FOUNDATION, INC.; AND FOR RELATED PURPOSES.

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

     SECTION 1. Chapter 928, Local and Private Laws of 2004, as amended by Chapter 934, Local and Private Laws of 2007, is amended as follows:

     Section 1.  The Board of Supervisors of Tunica County, Mississippi, is authorized and empowered, in its discretion, from any available funds of the county, to provide funding for the Tunica County Economic Development Foundation, Inc., (the "foundation"), in an amount not to exceed Fifty Million Dollars ($50,000,000.00) annually through calendar year 2017.

     SECTION 2.  This act shall take effect and be in force from and after June 1, 2012.