Did not become law. It stopped in the Senate's Finance Committee on March 15, 2011. The 2011 session has ended.
2011 Regular Session
House Bill 1547
Economically Distressed Municipalities Development Act; create.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO CREATE THE "ECONOMICALLY DISTRESSED MUNICIPALITIES DEVELOPMENT ACT" TO ASSIST CERTAIN MUNICIPALITIES IN ENCOURAGING ECONOMIC DEVELOPMENT; TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO DESIGNATE CERTAIN MUNICIPALITIES AS ECONOMICALLY DISTRESSED MUNICIPALITIES; TO PROVIDE THAT CERTAIN MUNICIPALITIES MAY APPLY TO THE MISSISSIPPI DEVELOPMENT AUTHORITY FOR DESIGNATION AS ECONOMICALLY DISTRESSED MUNICIPALITIES; TO PROVIDE INCENTIVES IN THE FORM OF TEMPORARY LOCAL AD VALOREM TAX EXEMPTIONS, STATE INCOME TAX, FRANCHISE TAX AND SALES TAX EXEMPTIONS AND LOANS FOR APPROVED BUSINESS ENTERPRISES THAT LOCATE OR EXPAND IN ECONOMICALLY DISTRESSED MUNICIPALITIES; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE LOANS AUTHORIZED UNDER THIS ACT; TO AMEND SECTIONS 27-7-21, 27-13-5, 27-13-7 AND 27-65-101, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PROVISIONS OF THIS ACT; 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
3 co-sponsors
Its course
February 22 to March 15, 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 action7 actions on 4 days
In the House of RepresentativesFeb 22 to Feb 231 day
Ways and MeansFeb 22 to Feb 231 day
In the SenateFeb 23 to Mar 15 · stopped20 days
FinanceFeb 25 to Mar 15 · 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 22 – Feb 23
- Feb 22Referred to the House committee on Ways and Means
- Feb 23Reported from committee in the House: title sufficient, do pass as a committee substitute
- Committee substitute adopted in the House
- Passed the House
In the Senate Feb 25 – Mar 15
- Feb 25Sent to the Senate
- Referred to the Senate committee on Finance
- Mar 15Died in committee in the Senate
All 7 actions, as published
- Feb 22Referred To Ways and MeansHouse of Representatives
- Feb 23Title Suff Do Pass Comm SubHouse of Representatives
- Feb 23Committee Substitute AdoptedHouse of Representatives
- Feb 23PassedHouse of Representatives
- Feb 25Transmitted To SenateHouse of Representatives
- Feb 25Referred To FinanceSenate
- Mar 15Died In CommitteeSenate