MS SB2430 | 2022 | Regular Session

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on April 18 2022 - 100% progression
Action: 2022-04-18 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

An Act To Create The Educational Facilities Revolving Loan Fund Program For The Purpose Of Improving Educational Facilities In The State; To Create The Educational Facilities Revolving Loan Fund In The State Treasury; To Authorize Public School Districts To Submit Applications To The Department Of Education For Loans From The Fund; To Designate The Purposes For Which Loans May Be Used And The Percentage Of The Revolving Loan Fund To Be Made Available For Loans To Different Educational Institutions; To Provide That All Amounts Remaining In The State Public School Building Fund As Of July 1, 2022, Shall Be Transferred To The Educational Facilities Revolving Loan Fund; To Set Certain Maximum Loan Amounts Per District And Per Project; To Require Loans Made To Public Entities To Be Interest Free; To Require Loans To Be Repaid In No More Than Ten Years; To Require The State Department Of Education To Promulgate Rules For Public Educational Entities Participating In The Program; To Allow Schools To Use Funds From The Program To Pay Indebtedness From Bonds Or Other Notes Used For Capital Improvement If Certain Requirements Are Met; To Amend Section 27-65-75, Mississippi Code Of 1972, To Change The Allocation That Was Diverted To The State Public School Building Fund To Be Allocated To The Educational Facilities Revolving Loan Fund; To Amend Section 37-47-7, Mississippi Code Of 1972, To Require The State Fiscal Officer To Transfer All Amounts Remaining In The State Public School Building Fund As Of July 1, 2022, To The Educational Facilities Revolving Loan Fund; To Amend Sections 37-47-11, 37-47-13, 37-47-15, 37-47-17, 37-47-19, 37-47-21, 37-47-23 And 37-47-29, Mississippi Code Of 1972, Which Provide For The State Public School Building Fund And Its Administration, To Stand Repealed On July 1, 2023; And For Related Purposes.

Tracking Information

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Title

Educational Facilities Revolving Loan Fund Program; create for purpose of improving educational facilities.

Sponsors


Roll Calls

2022-04-01 - Senate - Senate Conference Report Adopted (Y: 52 N: 0 NV: 0 Abs: 0) [PASS]
2022-04-01 - House - House Conference Report Adopted (Y: 121 N: 0 NV: 1 Abs: 0) [PASS]
2022-03-09 - House - House Passed As Amended (Y: 121 N: 0 NV: 1 Abs: 0) [PASS]
2022-02-10 - Senate - Senate Passed (Y: 51 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2022-04-18 Approved by Governor
2022-04-07HouseEnrolled Bill Signed
2022-04-07SenateEnrolled Bill Signed
2022-04-01SenateConference Report Adopted
2022-04-01HouseConference Report Adopted
2022-03-31HouseConference Report Filed
2022-03-31SenateConference Report Filed
2022-03-30SenateRecommitted For Further Conf
2022-03-30HouseRecommitted For Further Conf
2022-03-28HouseConference Report Filed
2022-03-28SenateConference Report Filed
2022-03-22HouseConferees Named Bennett,Read,McCarty
2022-03-17SenateConferees Named DeBar,Blount,Johnson
2022-03-16SenateDecline to Concur/Invite Conf
2022-03-10HouseReturned For Concurrence
2022-03-09HousePassed As Amended
2022-03-09HouseAmended
2022-03-08HouseRead the Third Time
2022-03-01HouseTitle Suff Do Pass As Amended
2022-03-01HouseDR - TSDPAA: AP To ED
2022-02-24HouseDR - TSDPAA: ED To AP
2022-02-15HouseReferred To Education;Appropriations
2022-02-14SenateTransmitted To House
2022-02-10SenatePassed
2022-02-10SenateCommittee Substitute Adopted
2022-02-01SenateTitle Suff Do Pass Comm Sub
2022-01-26SenateDR - TSDPCS: ED To AP
2022-01-17SenateReferred To Education;Appropriations

Code Citations

ChapterArticleSectionCitation TypeStatute Text
276575New CodeSee Bill Text
374711New CodeSee Bill Text
374713New CodeSee Bill Text
374715New CodeSee Bill Text
374717New CodeSee Bill Text
374719New CodeSee Bill Text
374721New CodeSee Bill Text
374723New CodeSee Bill Text
374729New CodeSee Bill Text
37477New CodeSee Bill Text

Mississippi State Sources

TypeSource
Summaryhttps://billstatus.ls.state.ms.us/2022/pdf/history/SB/SB2430.xml
Texthttps://billstatus.ls.state.ms.us/documents/2022/html/SB/2400-2499/SB2430IN.htm
Texthttps://billstatus.ls.state.ms.us/documents/2022/html/SB/2400-2499/SB2430CS.htm
Texthttps://billstatus.ls.state.ms.us/documents/2022/html/SB/2400-2499/SB2430PS.htm
Texthttps://billstatus.ls.state.ms.us/documents/2022/html/SB/2400-2499/SB2430SG.htm
Amendmenthttps://billstatus.ls.state.ms.us/documents/2022/html/ham/SB2430_H_Cmte_Amend_01.htm
Roll Callhttps://billstatus.ls.state.ms.us/2022/pdf/votes/senate/0380029.pdf
Roll Callhttps://billstatus.ls.state.ms.us/2022/pdf/votes/house/0650021.pdf
Roll Callhttps://billstatus.ls.state.ms.us/2022/pdf/votes/house/0880006.pdf
Roll Callhttps://billstatus.ls.state.ms.us/2022/pdf/votes/senate/0880021.pdf

Bill Comments

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