l9n/ Mississippi

2011 Regular Session

House Bill 1547

Economically Distressed Municipalities Development Act; create.

Did not become law. It stopped in the Senate's Finance Committee on March 15, 2011. The 2011 session has ended.

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

3 co-sponsors

Edward Blackmon, Jr., George Flaggs, Jr., Bryant W. Clark

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

  1. Referred to the House committee on Ways and Means
  2. Reported from committee in the House: title sufficient, do pass as a committee substitute
  3. Committee substitute adopted in the House
  4. Passed the House

In the Senate Feb 25 – Mar 15

  1. Sent to the Senate
  2. Referred to the Senate committee on Finance
  3. Died in committee in the Senate
All 7 actions, as published