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MS SB2073

Bill

Status

Failed

3/16/2016

Primary Sponsor

Joey Fillingane

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Authorizes $10,000,000 in state general obligation bonds for the ACE Fund (economic development program) and $1,000,000 for the Mississippi Development Authority Workforce Training Fund, with bonds to be issued before July 1, 2020

  • Increases the Mississippi Business Investment Act bond authorization by $5,000,000, from $346,500,000 to $351,500,000

  • Raises the Equipment and Public Facilities Grant and Loan Fund cap by $5,000,000, from $55,100,000 to $60,100,000, for grants or loans to municipalities for infrastructure improvements, equipment purchases, and facility construction or renovation

  • Increases bonds authorized under the Mississippi Major Economic Impact Act for military base closure mitigation projects from $63,000,000 to $68,000,000

  • Raises the Economic Development Highway Act bond authorization by $7,000,000, from $367,500,000 to $374,500,000

Legislative Description

Bonds; authorize the issuance of general obligation bonds for various economic development programs.

Last Action

Died In Committee

3/16/2016

Committee Referrals

Finance1/26/2016

Full Bill Text

No bill text available