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MS HB1462

Bill

Status

Failed

3/17/2015

Primary Sponsor

Jeffrey Smith

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Authorizes issuance of $25,000,000 in state general obligation bonds for the ACE Fund, with bonds to be issued by July 1, 2019.

  • 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.

  • Increases by $4,000,000 the amount of general obligation bonds that may be issued for the Local Governments Capital Improvements Revolving Loan Fund.

  • 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.

  • 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

Committee Referrals

Finance2/26/2015
Ways and Means2/16/2015

Full Bill Text

No bill text available