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MS HB791

Bill

Status

Failed

4/3/2012

Primary Sponsor

Stephen Holland

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Amends Section 65-4-5 to exclude construction or improvement of Mississippi Highway 9 North in Union County from the definition of "high economic benefit project" under the Economic Development Highway Act.

  • Amends Section 65-4-25 to prohibit issuance of bonds under the Economic Development Highway Act after the effective date for construction or improvement of Mississippi Highway 9 North in Union County.

  • Maintains existing bond authorization caps of $357,500,000 in aggregate principal amount, plus an additional $7,000,000 for master planned community projects.

  • Takes effect upon passage.

Legislative Description

Economic Development Highway Act; revise definition of term "high economic benefit project" and restrict issuance of bonds.

Last Action

Died In Committee

4/3/2012

Full Bill Text

No bill text available