Mississippi Senate Bill 2782 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
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 37-151-7, Mississippi Code Of 1972, To Reenact And Amend The Provision Of Law Authorizing School Districts To Issue State Aid Capital Improvement Bonds Secured By A Continuing Annual Pledge Of Any Maep Funds Available To The School District, Which Was Repealed By Operation Of Law On June 30, 1998; To Provide That The Bonds Issued In The Reenacted Provision Shall Not Exceed $195.00 Per Pupil Based On The Latest Completed Average Daily Attendance Count Certified By The State Department Of Education; To Prescribe The Purposes For Which The Bonds May Be Issued; To Prescribe The Conditions Under Which The State Board Of Education Shall Approve Any Capital Expenditure Plan For A Pledge Of Funds; To Authorize School Districts To Repay The Bonds Issued With Funds Received By The District From The State; To Authorize The School District To Irrevocably Pledge Certain Revenue As Security For Bonds Issued Under This Act; To Provide For The Repeal Of This Reenacted Provision On June 30, 2020; And For Related Purposes.

MAEP; increase amount of funds pledged for security for State Aid Capitol Improvement Bonds to $195.00 per pupil.

Sen. Gray Tollison [D]

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

Type	Source
Summary	https://billstatus.ls.state.ms.us/2014/pdf/history/SB/SB2782.xml
Text	https://billstatus.ls.state.ms.us/documents/2014/html/SB/2700-2799/SB2782IN.htm