Mississippi Senate Bill 2531 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 3-0)
Status: Failed on February 4 2014 - 100% progression
Action: 2014-02-04 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Amend Section 27-65-241, Mississippi Code Of 1972, To Authorize The Governing Authorities Of Any Municipality That Levies The Special Sales Tax Authorized Under This Section To Incur Debt For The Purpose Of Paying The Costs Of Road And Street Repair, Reconstruction And Resurfacing Projects Based On Traffic Patterns, Need And Usage, And To Pay The Costs Of Water, Sewer And Drainage Projects Authorized By This Section; To Exempt General Obligation Bonds Issued For Such Projects From Municipal Debt Limitations; To Extend The Repeal Date On This Section From July 1, 2032, To July 1, 2035; To Amend Section 21-33-303, Mississippi Code Of 1972, In Conformity To The Provisions Of This Act; And For Related Purposes.

Municipal special sales tax; clarify the debt may be incurred for projects and exempt from debt limitation.

Sen. John Horhn [D]

Sen. Hillman Frazier [D]

Sen. Sollie Norwood [D]

Date	Chamber	Action
2014-02-04	Senate	Died In Committee
2014-01-20	Senate	Referred To Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2014/pdf/history/SB/SB2531.xml
Text	https://billstatus.ls.state.ms.us/documents/2014/html/SB/2500-2599/SB2531IN.htm