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MS SB2784
Bill
Status
2/25/2015
Primary Sponsor
Joey Fillingane
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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 the bond authorization for the Local Governments Capital Improvements Revolving Loan Fund by $4,000,000, raising the total from $115,000,000 to $119,000,000.
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Increases bond authorization under the Mississippi Business Investment Act by $10,000,000 (from $346,500,000 to $356,500,000) and increases equipment and public facilities grants and loans by $10,000,000 (from $55,100,000 to $65,100,000).
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Increases bond authorization under the Economic Development Highway Act by $10,000,000, raising the total from $367,500,000 to $377,500,000.
Legislative Description
Bonds; authorize the issuance of general obligation bond for various economic development programs.
Last Action
Died In Committee
2/25/2015