l9n/ Mississippi

2012 Regular Session

Senate Bill 2044

Build-to-suit capital leases for school facilities; authorize school districts to enter into and transfer real estate for.

Did not become law. It stopped in the Senate's Education Committee on March 6, 2012. The 2012 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AUTHORIZE SCHOOL DISTRICTS TO ENTER INTO CAPITAL LEASES OF REAL OR PERSONAL PROPERTY FOR USE AS SCHOOL BUILDINGS OR SCHOOL FACILITIES; TO AUTHORIZE "BUILD-TO-SUIT" CAPITAL LEASES PROVIDING FOR THE CONSTRUCTION OF NEW SCHOOL FACILITIES OR THE RENOVATION OF EXISTING SCHOOL FACILITIES BY A PRIVATE DEVELOPER WITH CERTAIN GUARANTIES TO THE SCHOOL DISTRICT RELATED TO THE FACILITY THAT IS THE SUBJECT OF THE CAPITAL LEASE; TO PROVIDE CERTAIN REQUIREMENTS REGARDING SUCH CONSTRUCTION SERVICES; TO AUTHORIZE THE TRANSFER OF REAL ESTATE BY THE SCHOOL DISTRICT FOR SUCH CAPITAL LEASES; TO REQUIRE A LETTER OF CREDIT FOR SUCH CAPITAL LEASES; TO AMEND SECTION 37-7-355, MISSISSIPPI CODE OF 1972, IN CONFORMITY; TO AMEND SECTION 31-7-13, MISSISSIPPI CODE OF 1972, TO EXEMPT SCHOOL FACILITY CAPITAL LEASES FROM THE PUBLIC BID LAW REQUIREMENTS; 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 12 to March 6, 2012, 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 12 to Mar 6 · stopped54 days

EducationJan 12 to Mar 6 · stopped54 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 12 – Mar 6

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