l9n/ Mississippi

2011 Regular Session

House Bill 1411

Bonds; increase amount authorized under MS Business Investment Act for loans/grants to cities/counties for infrastructure.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on February 23, 2011. The 2011 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 57-61-25, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $323,100,000.00 TO $328,900,000.00 THE AMOUNT OF GENERAL OBLIGATION BONDS THAT MAY BE ISSUED UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT; TO AMEND SECTION 57-61-36, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $32,500,000.00 TO $37,500,000.00 THE AMOUNT OF BOND PROCEEDS THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY MAY UTILIZE UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT TO MAKE LOANS OR GRANTS TO COUNTIES AND MUNICIPALITIES THROUGH AN EQUIPMENT AND PUBLIC FACILITIES GRANT AND LOAN FUND TO AID IN INFRASTRUCTURE-RELATED IMPROVEMENTS, THE PURCHASE OF EQUIPMENT AND IN THE PURCHASE, CONSTRUCTION OR REPAIR AND RENOVATION OF PUBLIC FACILITIES; TO INCREASE FROM $750,000.00 TO $1,550,000.00 THE AMOUNT OF BOND PROCEEDS THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY MAY UTILIZE UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT FOR THE PURPOSE OF MAKING PAYMENTS TO LOAN LOSS RESERVE ACCOUNTS ESTABLISHED AT FINANCIAL INSTITUTIONS THAT PARTICIPATE IN THE CAPITAL ACCESS PROGRAM ESTABLISHED BY THE AUTHORITY; 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

Its course

January 21 to February 23, 2011, 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 RepresentativesJan 21 to Feb 23 · stopped33 days

Ways and MeansJan 21 to Feb 23 · stopped33 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 Jan 21 – Feb 23

  1. Jan 21Referred to the House committee on Ways and Means
  2. Feb 23Died in committee in the House
All 2 actions, as published
  1. Jan 21Referred To Ways and MeansHouse of Representatives
  2. Feb 23Died In CommitteeHouse of Representatives