MS HB127 | 2014 | Regular Session
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on March 18 2014 - 100% progression
Action: 2014-03-18 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Bipartisan Bill
Status: Failed on March 18 2014 - 100% progression
Action: 2014-03-18 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
An Act To Create The Mississippi Main Street Investment Act; To Provide Definitions For This Act; To Create The Mississippi Main Street Investment Loan Fund; To Require The Mississippi Development Authority To Establish A Program To Make Loans To Municipalities To Assist With Maintaining And Improving The Viability Of Revitalization Zones; To Require A Municipality Desiring A Loan Under This Act To Submit An Application To The Mississippi Development Authority; To Provide That The Mississippi Development Authority Shall Review The Application Of A Municipality In Order To Confirm That The Revitalization Zone Meets The Requirements Of This Act; To Provide That The Mississippi Development Authority Shall Establish A Deadline For The Submission Of Applications During A State Fiscal Year; To Provide That If A Municipality In Which A Revitalization Zone Is Located Receives A Loan Under This Section, Then The Sales Tax Revenue Collected Within A Revitalization Zone Shall Be Allocated For Distribution To The Municipality In Which The Revitalization Zone Is Located And Paid To The Municipality; To Authorize The Mississippi Development Authority With All Powers Necessary To Implement And Administer The Program Authorized By This Act; To Amend Section 27-65-75, Mississippi Code Of 1972, To Conform To The Provisions Of This Act; To Authorize The Issuance Of State General Obligation Bonds In The Amount Of $5,000,000.00 And Provide That The Proceeds Of Such Bonds Shall Be Deposited Into The Mississippi Main Street Investment Loan Fund; And For Related Purposes.
Title
Mississippi Main Street Investment Act; create.
Sponsors
Roll Calls
2014-02-12 - House - House Passed As Amended (Y: 119 N: 1 NV: 2 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2014-03-18 | Senate | Died In Committee |
| 2014-02-21 | Senate | Referred To Finance |
| 2014-02-17 | House | Transmitted To Senate |
| 2014-02-12 | House | Passed As Amended |
| 2014-02-12 | House | Amended |
| 2014-02-12 | House | Committee Substitute Adopted |
| 2014-02-12 | House | Tabled Subject To Call |
| 2014-01-30 | House | Title Suff Do Pass Comm Sub |
| 2014-01-07 | House | Referred To Ways and Means |
