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MS HB1462
Bill
Status
3/17/2015
Primary Sponsor
Jeffrey Smith
Click for details
AI Summary
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Authorizes issuance of $25,000,000 in state general obligation bonds for the ACE Fund, with bonds to be issued by July 1, 2019.
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Authorizes issuance of $1,000,000 in state general obligation bonds for the Mississippi Job Protection Act Fund, with bonds to be issued by July 1, 2019.
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Increases by $4,000,000 the amount of general obligation bonds that may be issued for the Local Governments Capital Improvements Revolving Loan Fund.
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Increases by $10,000,000 the total amount of general obligation bonds authorized under the Mississippi Business Investment Act, and increases by $10,000,000 the bond proceeds available for equipment and public facilities grants or loans to counties and municipalities for infrastructure improvements.
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Increases by $10,000,000 the amount of general obligation bonds that may be issued under the Economic Development Highway Act.
Legislative Description
Bonds; authorize issuance of general obligation bonds for various Mississippi Development Authority programs.
Last Action
Died In Committee
3/17/2015