MS SB2897 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Failed on March 29 2019 - 100% progression
Action: 2019-03-29 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Failed on March 29 2019 - 100% progression
Action: 2019-03-29 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Authorize The Governing Authorities Of The City Of Jackson, Mississippi, To Create Special Local Improvement Assessment Districts; To Authorize The Levy Of An Assessment Of Up To Six Mills On Taxable Real Property Located Within Such Assessment Districts; To Provide For The Duties And Powers Of Such Assessment Districts; To Require The Dissolution Of Such Assessment Districts Under Certain Circumstances; To Specify The Use For The Proceeds Of The Special Assessment; To Allow Such Districts To Levy Less Than The Maximum Allowable Assessment Levy; To Authorize The Issuance Of Bonds By The Municipality That Has Created A Special Local Improvement Assessment District Under This Act; To Provide That Bonds Issued By The Municipality Under This Act Shall Be Payable Out Of The Proceeds Of The Special Assessment Authorized Under This Act; To Authorize The Delegation Of Certain Authority Under This Act; To Provide That Bonds Issued Under This Act Shall Be Legal Investments; To Provide That Bonds Issued By The Municipality Under This Act Shall Be Excluded From The Municipality's Debt Limitation; And For Related Purposes.
Title
City of Jackson; authorize to create special local improvement taxing districts.
Sponsors
Sen. Walter Michel [R] | Sen. John Horhn [D] | Sen. Hillman Frazier [D] | Sen. David Blount [D] |
Sen. Sollie Norwood [D] |
History
Date | Chamber | Action |
---|---|---|
2019-03-29 | Senate | Died In Committee |
2019-01-21 | Senate | Referred To Local and Private |
Mississippi State Sources
Type | Source |
---|---|
Summary | https://billstatus.ls.state.ms.us/2019/pdf/history/SB/SB2897.xml |
Text | https://billstatus.ls.state.ms.us/documents/2019/html/SB/2800-2899/SB2897IN.htm |