Bill Text: MS HB1586 | 2016 | Regular Session | Introduced
Bill Title: City of Natchez/Adams County; authorize contributions to Natchez, Inc.
Spectrum: Bipartisan Bill
Status: (Failed) 2016-04-21 - Died In Committee [HB1586 Detail]
Download: Mississippi-2016-HB1586-Introduced.html
MISSISSIPPI LEGISLATURE
2016 Regular Session
To: Local and Private Legislation
By: Representatives Johnson (94th), Mims
House Bill 1586
AN ACT TO AUTHORIZE THE GOVERNING AUTHORITIES OF THE CITY OF NATCHEZ, MISSISSIPPI, AND THE BOARD OF SUPERVISORS OF ADAMS COUNTY, MISSISSIPPI, TO CONTRIBUTE FUNDS TO NATCHEZ, INC., A MISSISSIPPI NONPROFIT CORPORATION ORGANIZED FOR ECONOMIC DEVELOPMENT PURPOSES; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. The governing authorities of the City of Natchez, Mississippi, are authorized and empowered, in their discretion, to contribute an amount not to exceed One Hundred Thousand Dollars ($100,000.00) each fiscal year through fiscal year 2021 to Natchez, Inc., a Mississippi nonprofit corporation organized for economic development purposes.
SECTION 2. The Board of Supervisors of Adams County, Mississippi, is authorized and empowered, in its discretion, to contribute an amount not to exceed One Hundred Sixty-five Thousand Dollars ($165,000.00) each fiscal year through fiscal year 2021 to Natchez, Inc., a Mississippi nonprofit corporation organized for economic development purposes.
SECTION 3. This act shall take effect and be in force from and after its passage.
