Mississippi Senate Bill 2612 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 21 2018 - 100% progression
Action: 2018-02-21 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Authorize The Issuance Of State General Obligation Bonds In The Amount Of $11,000,000.00 For The Ace Fund; To Amend Section 57-61-25, Mississippi Code Of 1972, To Increase By $4,000,000.00 The Amount Of General Obligation Bonds That May Be Issued Under The Mississippi Business Investment Act; To Amend Section 57-61-36, Mississippi Code Of 1972, To Increase The Amount Of Bond Proceeds That The Mississippi Development Authority May Utilize Under The Mississippi Business Investment Act To Make Grants Or Loans To Counties And Municipalities Through An Equipment And Public Facilities Grant And Loan Fund To Aid In Infrastructure-related Improvements, The Purchase Of Equipment And In The Purchase, Construction Or Repair And Renovation Of Public Facilities; To Amend Section 57-75-15, Mississippi Code Of 1972, To Increase From $68,000,000.00 To $71,000,000.00 The Amount Of General Obligation Bonds That May Be Issued Under The Mississippi Major Economic Impact Act For Projects Designed To Enhance Facilities That Are At Risk For Closure Pursuant To The Base Closure And Realignment Act Of 1991 Or Other Applicable Federal Law; To Extend The Reverter On The Provisions That Authorize The State Bond Commission To Negotiate The Sale Of Bonds Issued Under The Mississippi Major Economic Impact Act; To Authorize The Issuance Of $2,000,000.00 Of State General Obligation Bonds To Provide Funds For The Mississippi Site Development Grant Fund; To Amend Section 57-1-701, Mississippi Code Of 1972, To Provide That A Portion Of The Proceeds Of Certain Bonds May Be Used By The Mississippi Development Authority To Reimburse Certain Costs Related To The Administration Of The Fund; And For Related Purposes.

Authorize the issuance of general obligation bonds for various MDA programs.

Sen. Joey Fillingane [R]

Date	Chamber	Action
2018-02-21	Senate	Died In Committee
2018-01-15	Senate	Referred To Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2018/pdf/history/SB/SB2612.xml
Text	https://billstatus.ls.state.ms.us/documents/2018/html/SB/2600-2699/SB2612IN.htm