l9n/ Mississippi

2011 Regular Session

House Bill 403

Bonds; issue for the Mississippi Industry Incentive Financing Revolving Fund.

Became law as Chapter 301, Laws of 2011, signed January 10, 2011, 6 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 25, CHAPTER 533, LAWS OF 2010, AS AMENDED BY SECTION 4, CHAPTER 30, LAWS OF 2010 SECOND EXTRAORDINARY SESSION, TO INCREASE BY $75,000,000.00 THE AMOUNT OF BONDS AUTHORIZED TO BE ISSUED FOR THE MISSISSIPPI INDUSTRY INCENTIVE FINANCING REVOLVING FUND; TO AUTHORIZE THE BOARD OF SUPERVISORS OF A COUNTY OR THE GOVERNING AUTHORITIES OF A MUNICIPALITY TO ENTER INTO AN AGREEMENT WITH AN APPROVED BUSINESS ENTERPRISE ELIGIBLE FOR A LOAN FROM THE MISSISSIPPI INDUSTRY INCENTIVE FINANCING REVOLVING FUND PROVIDING THAT THE COUNTY OR MUNICIPALITY WILL NOT LEVY ANY TAXES, FEES OR ASSESSMENTS UPON THE ENTERPRISE OTHER THAN TAXES, FEES OR ASSESSMENTS THAT ARE GENERALLY LEVIED UPON ALL TAXPAYERS AND THAT THE BOARD OF SUPERVISORS OR THE GOVERNING AUTHORITIES MAY EACH ENTER INTO A FEE-IN-LIEU AGREEMENT AS PROVIDED IN SECTION 27-31-104, MISSISSIPPI CODE OF 1972; TO PROVIDE THAT SUCH AGREEMENTS MAY BE FOR A PERIOD NOT TO EXCEED 20 YEARS; TO AMEND SECTION 57-1-221, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT IT IS THE POLICY OF THE MISSISSIPPI DEVELOPMENT AUTHORITY TO ACCOMMODATE AND SUPPORT ENTERPRISES THAT RECEIVE LOANS FROM THE MISSISSIPPI INDUSTRY INCENTIVE FINANCING REVOLVING FUND THAT WISH TO HAVE A PROGRAM OF DIVERSITY IN CONTRACTING OR THAT WISH TO DO BUSINESS WITH OR CAUSE THEIR PRIME CONTRACTORS TO DO BUSINESS WITH MISSISSIPPI COMPANIES, INCLUDING COMPANIES THAT ARE SMALL BUSINESS CONCERNS OWNED AND CONTROLLED BY SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

Its course

January 4 to January 10, 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 action12 actions on 3 days

In the House of RepresentativesJan 4 to Jan 40 days

Ways and MeansJan 4 to Jan 40 days

In the SenateJan 4 to Jan 40 days

FinanceJan 4 to Jan 40 days

With the GovernorJan 4 to Jan 106 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 4

  1. Referred to the House committee on Ways and Means
  2. Reported from committee in the House: title sufficient, do pass
  3. Passed the House

In the Senate Jan 4

  1. Released in the House to be sent on at once
  2. Sent to the Senate
  3. Referred to the Senate committee on Finance
  4. Reported from committee in the Senate: title sufficient, do pass
  5. Passed the Senate

To the Governor Jan 4 – Jan 10

  1. Returned to the House for enrolling
  2. Enrolled bill signed in the House
  3. Enrolled bill signed in the Senate
  4. Approved by the Governor
All 12 actions, as published