MS SB2973 | 2011 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on February 23 2011 - 100% progression
Action: 2011-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 37-33-157, Mississippi Code Of 1972, To Authorize The Department Of Rehabilitation Service To Borrow Money From The Mississippi Development Bank Or Other Financial Institutions For The Purpose Of Construction, Repair And Renovation Or Furnishing And Equipping Facilities Owned Or Under The Supervision Of The Department; To Provide That Prior To Entering Into Any Loan The Department Shall Certify The Available Revenue That The Department Intends To Utilize To Repay The Loan And That The Department Does Not Intend To Request An Additional Appropriation From State Source Funding To Pay Debt Service On Any Such Loan; To Amend Section 31-25-28, Mississippi Code Of 1972, To Authorize The Department Of Rehabilitation Services To Borrow Money From The Bank In An Amount Not To Exceed $7,000,000.00 For The Purpose Of Construction At, And Repair And Renovation, Furnishing And Equipping Of, The Department's Office Building Located In Madison, Mississippi; And For Related Purposes.

Tracking Information

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Title

Department of Rehabilitation Services; may borrow from financial institutions for capitol improvements.

Sponsors


History

DateChamberAction
2011-02-23 Died In Committee
2011-01-17 Referred To Finance

Mississippi State Sources


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