Mississippi Senate Bill 2917 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 27 2013 - 100% progression
Action: 2013-02-27 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Create A Special Fund In The State Treasury To Be Designated The "infrastructure Improvement Fund"; To Require A Certain Amount Of The Revenue Collected From Income, Sales And Use Taxes And Gaming Fees To Be Deposited Into The Fund; To Authorize The Proceeds Of Bonds Issued Pursuant To This Act To Be Deposited Into The Fund; To Require The Tax Revenue Deposited Into The Fund To Be Utilized To Pay The Principal And Interest On Any Bonds Issued Pursuant To This Act; To Require A Certain Amount Of The Money Deposited Into The Fund To Be Distributed In Certain Amounts To Municipalities, Counties And The State To Be Utilized Exclusively For Infrastructure Projects; To Require A Certain Amount Of The Money Deposited Into The Fund To Be Distributed To The State Highway Fund To Be Used Exclusively For Construction, Reconstruction And Maintenance Of The Highways Of This State; To Authorize The Issuance Of State General Obligation Bonds To Provide Funds For The State Infrastructure Improvement Fund; To Amend Sections 27-7-5, 27-7-45, 27-65-17, 27-65-19, 27-65-22, 27-65-23, 27-65-25, 27-65-26, 27-65-75, 27-67-31, 75-76-177 And 75-76-129, Mississippi Code Of 1972, To Increase The Income Sale And Use Tax Rate And The Gaming Fee Rate By One-tenth Of One Percent And To Require A Certain Amount Of The Revenue Collected From Income, Sales And Use Taxes And Gaming Fees To Be Deposited Into The "infrastructure Improvement Fund"; To Amend Section 27-104-27, Mississippi Code Of 1972, In Conformity Thereto; And For Related Purposes.

State Infrastructure Fund; create & deposit certain bond proceeds and tax revenue in; increase certain tax rates by .1%.

Sen. Hob Bryan [D]

Date	Chamber	Action
2013-02-27	Senate	Died In Committee
2013-02-26	Senate	Referred To Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2013/pdf/history/SB/SB2917.xml
Text	https://billstatus.ls.state.ms.us/documents/2013/html/SB/2900-2999/SB2917IN.htm