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MS HB1049

Bill

Status

Passed

4/25/2013

Primary Sponsor

Jeffrey Smith

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Prohibits issuance of new state general obligation bonds for multiple previously authorized projects, including intermediate care facilities for the mentally retarded in Tate, Jasper, and Jones Counties, crisis intervention mental health facilities in Marshall and Jackson Counties, and the Old Capitol Green Project in Hinds County

  • Terminates bond authority for port development projects under the Mississippi State Port Authority, Hattiesburg Public School System park construction, and Old Eureka High School renovation in Hattiesburg

  • Removes $3,000,000 in bond authority previously allocated for a new Department of Revenue headquarters building in Jackson

  • Extends the deadline for issuing Energy Infrastructure Revolving Loan Program bonds from July 1, 2013 to July 1, 2016, while reducing the maximum bond amount from $20,000,000 to $5,000,000

  • Authorizes $20,000,000 in new general obligation bonds for the Mississippi Development Authority to make loans to Hinds County to assist in constructing a hotel with at least 200 guest rooms

Legislative Description

Bonds; remove the authorization for the issuance of certain state general obligation bonds.

Last Action

Approved by Governor

4/25/2013

Committee Referrals

Finance2/12/2013
Ways and Means1/21/2013

Full Bill Text

No bill text available