l9n/ Mississippi

2009 Regular Session

Senate Bill 2907

Certain municipalities; authorize borrowing from date of incorporation in anticipation of collection of ad valorem taxes.

Did not become law. It stopped in the Senate's Municipalities Committee on February 3, 2009. The 2009 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO PROVIDE THAT THE GOVERNING AUTHORITY OF A MUNICIPALITY, WHICH WAS FORMERLY A CENSUS-DESIGNATED PLACE PRIOR TO ITS INCORPORATION, IS AUTHORIZED TO BORROW MONEY FOR THE CURRENT EXPENSES OF THE MUNICIPALITY FROM THE DATE OF INCORPORATION IN ANTICIPATION OF THE AD VALOREM TAXES TO BE COLLECTED FOR THE THEN CURRENT FISCAL YEAR AND THE NEXT SUCCEEDING FISCAL YEAR; TO PROVIDE THE METHOD OF REPAYMENT FOR THE LOAN; TO PROVIDE THE METHOD OF WHICH SUCH BORROWING MAY TAKE PLACE; TO AMEND SECTIONS 31-25-27 AND 75-17-105, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; 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 Senate

Its course

January 19 to February 3, 2009, 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 SenateJan 19 to Feb 3 · stopped15 days

MunicipalitiesJan 19 to Feb 3 · stopped15 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 Senate Jan 19 – Feb 3

  1. Referred to the Senate committees on Municipalities and on Finance
  2. Died in committee in the Senate
All 2 actions, as published