l9n/ Mississippi

2013 Regular Session

Senate Bill 2411

MS Industry Incentive Financing Revolving Fund; loan repayments used to pay debt service if balance exceeds $50,000,000.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on March 5, 2013. The 2013 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 57-1-221, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT REPAYMENTS OF LOANS MADE FROM THE MISSISSIPPI INDUSTRY INCENTIVE FINANCING REVOLVING FUND SHALL BE DEPOSITED TO THE CREDIT OF THE MISSISSIPPI INDUSTRY INCENTIVE FINANCING REVOLVING FUND UNTIL THE BALANCE IN THE FUND REACHES $50,000,000.00; TO PROVIDE THAT ONCE THE BALANCE IN THE FUND REACHES $50,000,000.00, REPAYMENTS OF SUCH LOANS SHALL BE DEPOSITED TO THE CREDIT OF FUND NO. 3951 IN THE STATE TREASURY TO PAY DEBT SERVICE ON BONDS UNTIL SUCH TIME AS THE BALANCE IN THE FUND FALLS BELOW $50,000,000.00; TO REQUIRE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO NOTIFY THE CHAIRMAN OF THE SENATE FINANCE COMMITTEE AND THE CHAIRMAN OF THE HOUSE WAYS AND MEANS COMMITTEE OF THE APPROVAL OF ANY GRANT OR LOAN APPLICATION; 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 21 to March 5, 2013, 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 action6 actions on 6 days

In the SenateJan 21 to Feb 717 days

FinanceJan 21 to Jan 3110 days

In the House of RepresentativesFeb 7 to Mar 5 · stopped26 days

Ways and MeansFeb 21 to Mar 5 · stopped12 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 21 – Feb 7

  1. Jan 21Referred to the Senate committee on Finance
  2. Jan 31Reported from committee in the Senate: title sufficient, do pass
  3. Feb 7Passed the Senate

In the House of Representatives Feb 8 – Mar 5

  1. Feb 8Sent to the House
  2. Feb 21Referred to the House committee on Ways and Means
  3. Mar 5Died in committee in the House
All 6 actions, as published
  1. Jan 21Referred To FinanceSenate
  2. Jan 31Title Suff Do PassSenate
  3. Feb 7PassedSenate
  4. Feb 8Transmitted To HouseSenate
  5. Feb 21Referred To Ways and MeansHouse of Representatives
  6. Mar 5Died In CommitteeHouse of Representatives