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MS HB1500

Bill

Official Source

Status

Passed

4/6/2021

Primary Sponsor

Bryant Clark

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Holmes County Board of Supervisors is authorized to transfer any funds, real property, and personal property from the nonoperational Holmes County Economic Development Authority to the Holmes County Economic Development District

  • Any prior actions taken by the Board of Supervisors or trustees of the Holmes County Economic Development District regarding management of the defunct authority are ratified and validated

  • The Holmes County Economic Development Authority, originally established under Chapter 814, Local and Private Laws of 1987, is repealed effective July 1, 2021

  • The original authority was a 12-member body with powers to acquire land, develop industrial parks, issue bonds up to $10 million, and promote economic development in the county

  • The act takes effect immediately upon passage

Legislative Description

Holmes County; authorize transfer of funds/property from defunct county economic development authority to county economic development district.

Last Action

Approved by Governor

4/6/2021

Committee Referrals

Local and Private3/23/2021
Local and Private Legislation3/9/2021

Full Bill Text

No bill text available