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MS HB103

Bill

Status

Failed

2/4/2014

Primary Sponsor

Stephen Horne

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Amends Mississippi Code sections 19-9-11, 19-9-13, and 21-33-307 to mandate that counties and municipalities hold elections before issuing bonds for enumerated purposes.

  • Removes the protest threshold mechanism that previously allowed bond issuance without an election if fewer than 20% of qualified electors (or 1,500, whichever is less) filed written protests for counties, or 10% for municipalities.

  • Requires the board of supervisors or municipal governing authority to publish notice of bond issuance intention once weekly for at least three consecutive weeks in a newspaper, or by posting at three public places if no local newspaper exists.

  • Establishes that an election on bond issuance shall be called and held following the procedures in sections 19-9-13 through 19-9-15 for counties and section 21-33-309 for municipalities.

  • Takes effect July 1, 2014.

Legislative Description

Bonds; mandate election on issuing county or municipal bonds.

Last Action

Died In Committee

2/4/2014

Committee Referrals

Ways and Means1/7/2014

Full Bill Text

No bill text available