Loading chat...

MS HB1151

Bill

Status

Failed

2/3/2015

Primary Sponsor

Stephen Horne

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Amends Mississippi Code sections 19-9-11, 19-9-13, and 21-33-307 to mandate that elections be held on all county and municipal bond issuances.

  • Removes the provision allowing county bonds to be issued without an election if fewer than 20% of qualified electors (or 1,500, whichever is less) file written protests.

  • Removes the provision allowing municipal bonds to be issued without an election if fewer than 10% of qualified electors (or 1,500, whichever is less) file written protests.

  • Requires counties and municipalities to publish notice of bond election intent once weekly for at least three consecutive weeks in newspapers with general circulation, or post at three public places if no local newspaper exists.

  • Takes effect July 1, 2015.

Legislative Description

Bonds; mandate election on issuing county or municipal bonds.

Last Action

Died In Committee

2/3/2015

Committee Referrals

County Affairs1/19/2015

Full Bill Text

No bill text available