Did not become law. It stopped in the House of Representatives's Municipalities Committee on February 25, 2015. The 2015 session has ended.
2015 Regular Session
House Bill 368
Economically Distressed Municipalities Development Act; create.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO CREATE THE "ECONOMICALLY DISTRESSED MUNICIPALITIES DEVELOPMENT ACT" TO ASSIST CERTAIN MUNICIPALITIES IN ENCOURAGING ECONOMIC DEVELOPMENT; TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO DESIGNATE CERTAIN MUNICIPALITIES AS ECONOMICALLY DISTRESSED MUNICIPALITIES; TO PROVIDE THAT CERTAIN MUNICIPALITIES MAY APPLY TO THE MISSISSIPPI DEVELOPMENT AUTHORITY FOR DESIGNATION AS ECONOMICALLY DISTRESSED MUNICIPALITIES; TO PROVIDE INCENTIVES IN THE FORM OF TEMPORARY LOCAL AD VALOREM TAX EXEMPTIONS, STATE INCOME TAX, FRANCHISE TAX AND SALES TAX EXEMPTIONS AND LOANS FOR APPROVED BUSINESS ENTERPRISES THAT LOCATE OR EXPAND IN ECONOMICALLY DISTRESSED MUNICIPALITIES; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE LOANS AUTHORIZED UNDER THIS ACT; TO AMEND SECTIONS 27-7-21, 27-13-5, 27-13-7 AND 27-65-101, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PROVISIONS OF THIS ACT; 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 House of Representatives
Sponsor
Its course
January 12 to February 25, 2015, 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 House of RepresentativesJan 12 to Feb 25 · stopped44 days
MunicipalitiesJan 12 to Feb 25 · stopped44 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 12 – Feb 25
- Jan 12Referred to the House committees on Municipalities and on Ways and Means
- Feb 25Died in committee in the House
All 2 actions, as published
- Jan 12Referred To Municipalities;Ways and MeansHouse of Representatives
- Feb 25Died In CommitteeHouse of Representatives