MS SB2967 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 26 2014 - 100% progression
Action: 2014-02-26 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Authorize The Issuance Of State General Obligation Bonds In The Amount Of $10,000,000.00 For The Ace Fund; To Amend Section 57-61-25, Mississippi Code Of 1972, To Increase By $5,000,000.00 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 By $5,000,000.00 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 Sections 65-4-25, 65-4-29, 65-4-31 And 65-4-33, Mississippi Code Of 1972, To Increase By $10,000,000.00 The Amount Of General Obligation Bonds That May Be Issued Under The Economic Development Highway Act; To Delete The Reverter On The Provisions That Authorize The State Bond Commission To Negotiate The Sale Of Bonds Issued Under The Economic Development Highway Act And That Require Notice Of The Sale Of Such Bonds Only When The Bonds Are To Be Sold On Sealed Bids At Public Sale; And For Related Purposes.

Tracking Information

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Title

Bonds, authorize issuance for certain Mississippi Development Authority programs.

Sponsors


History

DateChamberAction
2014-02-26SenateDied In Committee
2014-02-20SenateReferred To Finance

Mississippi State Sources


Bill Comments

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