Did not become law. It stopped in the House of Representatives's County Affairs Committee on February 19, 2008. The 2008 session has ended.
2008 Regular Session
House Bill 637
Master lease-purchase program; authorize DFA to develop program for counties and municipalities.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTION 31-7-10, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO DEVELOP A MASTER LEASE-PURCHASE PROGRAM FOR COUNTIES AND MUNICIPALITIES AND, UNDER THAT PROGRAM, EXECUTE ON BEHALF OF COUNTIES AND MUNICIPALITIES MASTER LEASE-PURCHASE AGREEMENTS FOR EQUIPMENT TO BE USED BY THE COUNTIES AND MUNICIPALITIES; TO AMEND SECTION 27-33-77, MISSISSIPPI CODE OF 1972, TO AUTHORIZE COUNTIES AND MUNICIPALITIES TO PLEDGE AMOUNTS APPROPRIATED FOR HOMESTEAD EXEMPTION REIMBURSEMENT AS SECURITY FOR SUMS DUE UNDER THE MASTER LEASE-PURCHASE PROGRAM; TO AMEND SECTION 27-51-107, MISSISSIPPI CODE OF 1972, TO AUTHORIZE A COUNTY TO PLEDGE FUNDS DUE TO BE PAID TO IT FROM THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND AS SECURITY FOR SUMS DUE UNDER THE MASTER LEASE-PURCHASE PROGRAM; TO PROVIDE THAT UPON NOTIFICATION BY THE EXECUTIVE DIRECTOR OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION OF A COUNTY'S DELINQUENCY UNDER THE MASTER LEASE-PURCHASE PROGRAM, THE STATE TAX COMMISSION SHALL HALT THOSE PAYMENTS TO THE COUNTY AND PAY THE COUNTY'S SHARE OF THOSE PAYMENTS TO THE DEPARTMENT OF FINANCE AND ADMINISTRATION UNTIL THE TIME THAT THE AMOUNT DUE UNDER THE MASTER LEASE-PURCHASE PROGRAM IS SATISFIED; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO AUTHORIZE A MUNICIPALITY TO PLEDGE SALES TAX REVENUE ALLOCATED TO IT AS SECURITY FOR SUMS DUE UNDER THE MASTER LEASE-PURCHASE PROGRAM AND TO PROVIDE THAT UPON NOTIFICATION BY THE EXECUTIVE DIRECTOR OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION OF A MUNICIPALITY'S DELINQUENCY UNDER THE MASTER LEASE-PURCHASE PROGRAM, THE STATE TAX COMMISSION SHALL HALT THOSE PAYMENTS TO THE MUNICIPALITY AND MAKE THOSE PAYMENTS TO THE DEPARTMENT OF FINANCE AND ADMINISTRATION UNTIL THE TIME THAT THE AMOUNT DUE UNDER THE MASTER LEASE-PURCHASE PROGRAM IS SATISFIED; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
February 1 to February 19, 2008, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the House of RepresentativesFeb 1 to Feb 19 · stopped18 days
County AffairsFeb 1 to Feb 19 · stopped18 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the House of Representatives Feb 1 – Feb 19
- Feb 1Referred to the House committees on County Affairs and on Appropriations
- Feb 19Died in committee in the House
All 2 actions, as published
- Feb 1Referred To County Affairs;AppropriationsHouse of Representatives
- Feb 19Died In CommitteeHouse of Representatives