Mississippi Senate Bill 2459 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 3 2015 - 100% progression
Action: 2015-02-03 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Authorize Certain Municipalities To Establish Community Redevelopment Areas Within Existing Urban Renewal Areas; To Require Redevelopment Trust Funds To Be Created For Such Areas; To Provide The Purposes For Which Funds In Such Trust Funds May Be Utilized, Including The Awarding Of Grants To Private Real Property Owners To Pay The Cost Of Exterior And Interior Improvements To Property In The Community Redevelopment Area That Will Result In The Improved Appearance And Functionality Of The Property; To Provide That Any Increase In The Sales Taxes Collected In The Community Redevelopment Area And Diverted To The Municipality Shall Be Deposited Into The Redevelopment Trust Fund For The Community Redevelopment Area To Fund The Grants Authorized By This Act; And For Related Purposes.

Community redevelopment areas authorize creation in urban renewal areas; increase in sales taxes to be used for redevelopment.

Sen. Brice Wiggins [R]

Date	Chamber	Action
2015-02-03	Senate	Died In Committee
2015-01-19	Senate	Referred To Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2015/pdf/history/SB/SB2459.xml
Text	https://billstatus.ls.state.ms.us/documents/2015/html/SB/2400-2499/SB2459IN.htm