Senate Bill 2477

AN ACT TO ESTABLISH THE MISSISSIPPI AFFORDABLE HOUSING TRUST FUND; TO CREATE SECTION 43-33-801, MISSISSIPPI CODE OF 1972, TO DEFINE CERTAIN TERMS RELATED TO THE TRUST FUND; TO CREATE SECTION 43-33-803, MISSISSIPPI CODE OF 1972, TO ESTABLISH AND PROVIDE FOR THE ADMINISTRATION OF THE TRUST FUND; TO CREATE SECTION 43-33-805, MISSISSIPPI CODE OF 1972, TO AUTHORIZE MISSISSIPPI HOME CORPORATION TO IMPLEMENT AND ADMINISTER THE TRUST FUND; TO CREATE SECTION 43-33-807, MISSISSIPPI CODE OF 1972, TO ESTABLISH THE MISSISSIPPI AFFORDABLE HOUSING TRUST FUND OVERSIGHT BOARD; TO CREATE SECTION 43-33-809, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR THE PERCENTAGE OF FUNDING AVAILABLE TO CERTAIN PERSONS OR TO CERTAIN ACTIVITIES; TO CREATE SECTION 43-33-811, MISSISSIPPI CODE OF 1972, TO ESTABLISH MINIMUM AFFORDABILITY PERIODS FOR APPLICANTS; TO CREATE SECTION 43-33-813, MISSISSIPPI CODE OF 1972, TO PROVIDE MINIMUM STANDARDS FOR THE TRUST FUND APPLICATION PROCESS; TO CREATE SECTION 43-33-815, MISSISSIPPI CODE OF 1972, TO AUTHORIZE MISSISSIPPI HOME CORPORATION TO ADMINISTER THE TRUST FUND IN COMPLIANCE WITH STATE AND FEDERAL HOUSING PROGRAMS; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT 2.5% OF ALL TAXES COLLECTED BY THE DEPARTMENT OF REVENUE ON LUMBER AND BUILDING MATERIALS SHALL BE CREDITED TO THE MISSISSIPPI AFFORDABLE HOUSING TRUST FUND; AND FOR RELATED PURPOSES.

In the Senate

• Hillman Terome Frazier

  Sponsor

l9n doesn't hold this bill's text yet.

In the Senate Jan 21 – Feb 5

1. Jan 21Referred to the Senate committees on Housing and on Finance
2. Feb 4Reported as a committee substitute from HO to FI in the Senate: title sufficient, do pass
3. Feb 5Died in committee in the Senate