Mississippi Senate Bill 2972 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on March 16 2021 - 100% progression
Action: 2021-03-16 - Died On Calendar
Text: Latest bill text (Engrossed) [HTML]

An Act To Authorize The Issuance Of State General Obligation Bonds In The Amount Of $10,000,000.00 To Provide Funds For The Mississippi Site Development Grant Fund; To Amend Section 57-1-701, Mississippi Code Of 1972, In Conformity Thereto; To Authorize The Issuance Of State General Obligation Bonds In The Amount Of $20,000,000.00 For The Ace Fund; To Amend Section 57-61-25, Mississippi Code Of 1972, To Increase By $10,000,000.00 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 The Amount Of Bond Proceeds That The Mississippi Development Authority May Utilize Under The Mississippi Business Investment Act To Make Grants Or Loans To Municipalities Through An Equipment And Public Facilities Grant And Loan Fund To Aid In Infrastructure-related Improvements, The Purchase Of Equipment, And The Purchase, Construction Or Repair And Renovation Of Public Facilities; To Amend Section 57-75-15, Mississippi Code Of 1972, To Increase From $77,000,000.00 To $80,000,000.00 The Amount Of General Obligation Bonds That May Be Issued Under The Mississippi Major Economic Impact Act For Projects Designed To Enhance Facilities That Are At Risk For Closure Pursuant To The Defense Base Realignment And Closure Act Of 1990 Or Other Applicable Federal Law; To Amend Section 65-4-25, Mississippi Code Of 1972, To Increase By $7,000,000.00 The Amount Of Bonds Authorized To Be Issued Under The Economic Development Highway Act; To Authorize An Additional $1,000,000.00 In Bonds To Be Used To Provide Funding For A High Economic Benefit Project As Defined In Section 65-4-5(1)(c)(v); To Amend Section 25, Chapter 533, Laws Of 2010, As Last Amended By Section 8, Chapter 421, Laws Of 2019, To Increase By $10,000,000.00 The Amount Of General Obligation Bonds That May Be Issued For The Mississippi Industry Incentive Financing Revolving Fund; And For Related Purposes.

Bonds; authorize issuance for various Mississippi Development Authority programs.

Sen. Josh Harkins [R]

2021-02-24 - Senate - Senate Passed (Y: 52 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2021-03-16	House	Died On Calendar
2021-03-15	House	Read the Third Time
2021-03-11	House	Title Suff Do Pass As Amended
2021-02-25	House	Referred To Ways and Means
2021-02-25	Senate	Transmitted To House
2021-02-24	Senate	Passed
2021-02-24	Senate	Committee Substitute Adopted
2021-02-23	Senate	Title Suff Do Pass Comm Sub
2021-02-22	Senate	Referred To Finance

Chapter	Article	Section	Citation Type	Statute Text
57	1	701	Amended Code	See Bill Text
57	61	25	Amended Code	See Bill Text
57	61	36	Amended Code	See Bill Text
57	75	15	Amended Code	See Bill Text
65	4	25	Amended Code	See Bill Text

Type	Source
Summary	https://billstatus.ls.state.ms.us/2021/pdf/history/SB/SB2972.xml
Text	https://billstatus.ls.state.ms.us/documents/2021/html/SB/2900-2999/SB2972IN.htm
Text	https://billstatus.ls.state.ms.us/documents/2021/html/SB/2900-2999/SB2972CS.htm
Text	https://billstatus.ls.state.ms.us/documents/2021/html/SB/2900-2999/SB2972PS.htm
Amendment	https://billstatus.ls.state.ms.us/documents/2021/html/ham/SB2972_H_Cmte_Amend_01.htm
Roll Call	https://billstatus.ls.state.ms.us/2021/pdf/votes/senate/0510003.pdf