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MS HB365
Bill
Status
1/31/2017
Primary Sponsor
John Faulkner
Click for details
AI Summary
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Amends Mississippi Code Section 57-1-301 to expand the definition of "capital improvements" under the local governments capital improvements revolving loan program administered by the Mississippi Development Authority.
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Adds repair, renovation, and improvement of municipal natural gas facilities as a new eligible category (item o) for capital improvement loans to counties and municipalities.
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Maintains all existing eligible capital improvement categories including water/sewer facilities, fire protection, economic development buildings, healthcare facilities, auditoriums, parks, and brownfield remediation.
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Takes effect July 1, 2017.
Legislative Description
Local governments capital improvements revolving loan program; including municipal natural gas facilities.
Last Action
Died In Committee
1/31/2017