MS HB117 | 2013 | Regular Session

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on March 25 2013 - 100% progression
Action: 2013-03-25 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

An Act To Create The Mississippi Development Authority Job Training Grant Fund; To Provide That Money In The Fund Shall Be Used For The Purpose Of Making Training Grants To Community Or Junior Colleges, Public Universities And Workforce Investment Areas To Pay A Portion Of The Costs Of Providing Training Or Retraining For Employees Of Business Enterprises That Are Eligible For The Jobs Tax Credit Authorized Under Section 57-73-21, Mississippi Code Of 1972; To Provide That The Fund Shall Be Administered By The Mississippi Development Authority; To Provide That A Business Enterprise That Chooses To Utilize Such A Training Grant Shall Not Be Eligible For The Jobs Tax Credit Authorized In Section 57-73-21, Mississippi Code Of 1972; To Provide For The Duration And Amount Of The Training Grants; To Provide That The Mississippi Development Authority Shall Require That The Business Enterprise Shall Enter Into Binding Commitments Requiring That A Minimum Number Of Jobs Be Maintained That Shall Be Not Less Than The Number Of Jobs Required To Be Eligible For The Jobs Tax Credit, And That If The Minimum Number Of Jobs Are Not Maintained, All Or A Portion Of The Grant Funds Utilized By The Business Enterprise, As Determined By The Mississippi Development Authority, Shall Be Repaid; To Provide That The Liability Of The State Of Mississippi To Make The Training Grants Authorized Under This Act Shall Be Limited To The Balance Contained In The Mississippi Development Authority Job Training Grant Fund; To Require The Transfer Of $2,000,000.00 From The Mmeia Tax Incentive Fund To The Mississippi Development Authority Job Training Grant Fund; To Amend Section 27-65-75, Mississippi Code Of 1972, To End The Monthly Deposit Of Sales Tax Revenue In The Amount Of $150,000.00 Into The Mmeia Tax Incentive Fund And Provide For The Monthly Deposit Of Sales Tax Revenue In The Amount Of $150,000.00 Into The Mississippi Development Authority Job Training Grant Fund; To Amend Section 57-73-21, Mississippi Code Of 1972, In Conformity Thereto; To Repeal Sections 57-101-1, 57-101-3 And 57-101-5, Mississippi Code Of 1972, Which Create The Mmeia Tax Incentive Fund To Pay A Portion Of The Component Construction Material Costs For Certain Projects; And For Related Purposes.

Tracking Information

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Title

MS Development Authority Job Training Grant Fund; create to provide job training grants for certain eligible business enterprises.

Sponsors


Roll Calls

2013-03-12 - House - House Concurred in Amend From Senate (Y: 116 N: 2 NV: 2 Abs: 0) [PASS]
2013-03-07 - Senate - Senate Passed As Amended (Y: 52 N: 0 NV: 0 Abs: 0) [PASS]
2013-02-06 - House - House Passed (Y: 119 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2013-03-25 Approved by Governor
2013-03-19SenateEnrolled Bill Signed
2013-03-18HouseEnrolled Bill Signed
2013-03-12HouseConcurred in Amend From Senate
2013-03-08SenateReturned For Concurrence
2013-03-07SenatePassed As Amended
2013-03-07SenateAmended
2013-03-05SenateTitle Suff Do Pass As Amended
2013-02-12SenateReferred To Finance
2013-02-07HouseTransmitted To Senate
2013-02-06HousePassed
2013-02-04HouseTitle Suff Do Pass
2013-01-11HouseReferred To Ways and Means

Mississippi State Sources


Bill Comments

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