Mississippi Senate Bill 2973 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 26 2014 - 100% progression
Action: 2014-02-26 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Authorize The Issuance Of State General Obligation Bonds To Provide Funds To The North Central Ms Regional Rail Authority For The Purpose Of Acquiring The Rail Line That Extends From Southaven, Mississippi, To A Point Near Canton, Mississippi; To Provide That If The Rail Authority Acquires The Rail Line, It May Enter Into Any Agreement With A Railroad Or Other Entity Providing That The Railroad Or Other Entity Will Lease The Rail Line From The Authority For Commercial Purposes; To Provide That The Principal Of And Interest On The Bonds Will Be Paid Primarily From Certain Lease Payments Deposited Into A Bond Sinking Fund; And For Related Purposes.

Bonds; authorize to provide funds for loan to North Central MS Regional Rail Authority to acquire certain rail line.

Sen. Lydia Chassaniol [R]

Date	Chamber	Action
2014-02-26	Senate	Died In Committee
2014-02-24	Senate	Referred To Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2014/pdf/history/SB/SB2973.xml
Text	https://billstatus.ls.state.ms.us/documents/2014/html/SB/2900-2999/SB2973IN.htm