l9n/ Mississippi

2014 Regular Session

Senate Bill 2975

Bonds; authorize for various purposes and revise distribution of severance tax revenue.

Became law as Chapter 518, Laws of 2014, signed April 23, 2014, 58 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS TO THE NORTH CENTRAL MS REGIONAL RAIL AUTHORITY FOR THE PURPOSE OF ACQUIRING THE RAIL LINE THAT EXTENDS FROM SOUTHAVEN, MISSISSIPPI, TO A POINT NEAR CANTON, MISSISSIPPI; TO PROVIDE THAT IF THE RAIL AUTHORITY ACQUIRES THE RAIL LINE, IT MAY ENTER INTO ANY AGREEMENT WITH A RAILROAD OR OTHER ENTITY PROVIDING THAT THE RAILROAD OR OTHER ENTITY WILL LEASE THE RAIL LINE FROM THE AUTHORITY FOR COMMERCIAL PURPOSES; TO PROVIDE THAT THE PRINCIPAL OF AND INTEREST ON THE BONDS WILL BE PAID PRIMARILY FROM CERTAIN LEASE PAYMENTS DEPOSITED INTO A BOND SINKING FUND; TO AMEND SECTION 57-1-16, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO MAKE GRANTS TO LOCAL UNITS OF GOVERNMENT TO ASSIST THE LOCAL UNIT OF GOVERNMENT IN PURCHASING REAL PROPERTY FOR THE BENEFIT OF CERTAIN EXISTING INDUSTRIES; TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS IN THE AMOUNT OF $20,000,000.00 FOR THE ACE FUND; TO LIMIT THE AMOUNT OF BONDS THAT MAY BE ISSUED IN ANY ONE FISCAL YEAR; TO AMEND SECTION 27-25-505, MISSISSIPPI CODE OF 1972, TO REVISE THE MANNER IN WHICH OIL SEVERANCE TAXES ARE DISTRIBUTED TO THE STATE AND THE COUNTY IN WHICH THE OIL WAS PRODUCED; 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

February 24 to April 23, 2014, 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 action24 actions on 15 days

In the SenateFeb 24 to Feb 262 days

FinanceFeb 24 to Feb 251 day

In the House of RepresentativesFeb 26 to Mar 1820 days

Ways and MeansMar 6 to Mar 1812 days

Back in the SenateMar 18 to Apr 316 days

With the GovernorApr 3 to Apr 2320 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentPending

  • House of Representatives floor amendmentPending

  • House of Representatives floor amendmentPending

  • House of Representatives floor amendmentPending

  • House of Representatives floor amendmentPending

  • House of Representatives floor amendmentPending

  • House of Representatives floor amendmentPending

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 Feb 24 – Feb 26

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

In the House of Representatives Feb 27 – Mar 18

  1. Sent to the House
  2. Referred to the House committee on Ways and Means
  3. Reported from committee in the House: title sufficient, do pass as amended
  4. Amended in the House
  5. Passed the House as amended

Back in the Senate Mar 20 – Apr 3

  1. Returned to the Senate to concur in the House's amendments
  2. Declined in the Senate to concur, and invited a conference
  3. Conferees named in the Senate: Fillingane, Kirby and Brown
  4. Conferees named in the House: Smith (39th), Rogers (61st) and Baker
  5. Conference report filed in the Senate
  6. Conference report filed in the House
  7. Recommitted in the Senate to the conferees for further conference
  8. Recommitted in the House to the conferees for further conference
  9. Conference report filed in the Senate
  10. Conference report filed in the House
  11. Conference report adopted in the House
  12. Conference report adopted in the Senate
  13. Enrolled bill signed in the Senate

To the Governor Apr 7 – Apr 23

  1. Enrolled bill signed in the House
  2. Approved by the Governor
All 24 actions, as published