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MS HB118
Bill
Status
1/30/2018
Primary Sponsor
John Faulkner
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AI Summary
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Amends Section 57-1-301 of the Mississippi Code 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 an eligible category of capital improvements that counties and municipalities can use revolving loans to finance.
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Maintains all existing eligible capital improvement categories including water and sewer facilities, fire protection, economic development buildings, parks, and brownfield remediation.
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Takes effect July 1, 2018.
Legislative Description
Local governments capital improvements revolving loan program; include municipal natural gas facilities.
Last Action
Died In Committee
1/30/2018