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MS SB2073
Bill
Status
3/16/2016
Primary Sponsor
Joey Fillingane
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AI Summary
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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
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Increases the Mississippi Business Investment Act bond authorization by $5,000,000, from $346,500,000 to $351,500,000
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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
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Increases bonds authorized under the Mississippi Major Economic Impact Act for military base closure mitigation projects from $63,000,000 to $68,000,000
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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