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MS HB395
Bill
Status
3/22/2023
Primary Sponsor
Rob Roberson
Click for details
AI Summary
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Extends the deadline for the State Bond Commission to issue general obligation bonds for projects defined in Section 57-75-5(f)(xxviii) from July 1, 2023 to July 1, 2026.
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Bonds for these automotive parts manufacturing projects cannot exceed $130,000,000 in aggregate principal amount.
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Changes the deadline for Section 57-75-5(f)(xviii) projects from June 30, 2011 to June 30, 2016.
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Applies to projects under the Mississippi Major Economic Impact Act that require bond issuance authorization through the State Bond Commission.
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Effective July 1, 2023.
Legislative Description
MS Major Economic Impact Act; extend deadline for issuance of bonds for certain automotive parts manufacturing plant projects.
Last Action
Approved by Governor
3/22/2023