Mississippi Senate Bill 2675 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on January 31 2017 - 100% progression
Action: 2017-01-31 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Create A Public Body Corporate And Politic To Be Designated As The Mississippi Gulf Coast Economic Restoration Trust, Which Is Designed To Be A Pilot Project For Creation Of A Perpetual Trust; To Provide That $25,000,000.00 Of The Funds Received From The Bp Economic Damages Settlement Agreement Be Appropriated To The Mississippi Gulf Coast Economic Restoration Trust; To Provide For A Board Of Trustees To Serve As The Governing Body Of The Mississippi Gulf Coast Economic Restoration Trust; To Provide For The Composition And Powers Of The Board Of Trustees; To Require That The Board Of Trustees Establish Criteria And Rules For Application For And Investment Of Funds For Economic Development Projects Of Regional Significance To Create New Permanent Jobs And Expansion Of Sales And Income Tax Receipts For The State Treasury And Sales And Property Tax Receipts For Municipalities, Counties And School Districts; To Provide That The Board Of Trustees May Contract With The Mississippi Department Of Marine Resources For Certain Administrative Services; To Provide For An Economic Recovery Advisory Board; And For Other Purposes.

Mississippi Gulf Coast Economic Restoration Trust; create.

Sen. Sean Tindell [R]

Date	Chamber	Action
2017-01-31	Senate	Died In Committee
2017-01-16	Senate	Referred To Appropriations

Type	Source
Summary	https://billstatus.ls.state.ms.us/2017/pdf/history/SB/SB2675.xml
Text	https://billstatus.ls.state.ms.us/documents/2017/html/SB/2600-2699/SB2675IN.htm