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MS SB2569

Bill

Status

Failed

3/6/2012

Primary Sponsor

Terry Brown

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Origin

Senate

2012 Regular Session

AI Summary

  • Mandates that counties and municipalities must hold a public election before issuing any bonds, removing previous provisions that allowed governing bodies to proceed without voter approval in certain circumstances

  • Requires a three-fifths (60%) supermajority vote of qualified electors to approve any borrowing of funds or incurring of debt for operating expenses at both the county and municipal level

  • Establishes election notice requirements including publication once weekly for at least 3 consecutive weeks in a local newspaper, with first publication at least 21 days before the election and last publication no more than 7 days prior

  • Requires governing authorities to adopt a resolution declaring intent to borrow, specifying the amount and purpose of proposed debt, before calling an election on the question

  • Directs the Mississippi Attorney General to submit the act to the U.S. Attorney General or U.S. District Court for the District of Columbia for preclearance under Section 5 of the Voting Rights Act of 1965

Legislative Description

Counties and municipalities; mandate election on incurring debt for operational expenses and issuing bonds.

Last Action

Died In Committee

3/6/2012

Full Bill Text

No bill text available