l9n/ Mississippi

2015 Regular Session

House Bill 453

MAEP; increase amount pledged for security for State Aid Capitol Improvement Bonds to $195.00 per pupil.

Did not become law. It stopped in the House of Representatives's Education Committee on February 3, 2015. The 2015 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 37-151-7, MISSISSIPPI CODE OF 1972, TO REENACT AND AMEND THE PROVISION OF LAW AUTHORIZING SCHOOL DISTRICTS TO ISSUE STATE AID CAPITAL IMPROVEMENT BONDS SECURED BY A CONTINUING ANNUAL PLEDGE OF ANY MAEP FUNDS AVAILABLE TO THE SCHOOL DISTRICT, WHICH WAS REPEALED BY OPERATION OF LAW ON JUNE 30, 1998; TO PROVIDE THAT THE BONDS ISSUED IN THE REENACTED PROVISION SHALL NOT EXCEED $195.00 PER PUPIL BASED ON THE LATEST COMPLETED AVERAGE DAILY ATTENDANCE COUNT CERTIFIED BY THE STATE DEPARTMENT OF EDUCATION; TO PRESCRIBE THE PURPOSES FOR WHICH THE BONDS MAY BE ISSUED; TO PRESCRIBE THE CONDITIONS UNDER WHICH THE STATE BOARD OF EDUCATION SHALL APPROVE ANY CAPITAL EXPENDITURE PLAN FOR A PLEDGE OF FUNDS; TO AUTHORIZE SCHOOL DISTRICTS TO REPAY THE BONDS ISSUED WITH FUNDS RECEIVED BY THE DISTRICT FROM THE STATE; TO AUTHORIZE THE SCHOOL DISTRICT TO IRREVOCABLY PLEDGE CERTAIN REVENUE AS SECURITY FOR BONDS ISSUED UNDER THIS ACT; TO PROVIDE FOR THE REPEAL OF THIS REENACTED PROVISION ON JUNE 30, 2020; 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

Its course

January 19 to February 3, 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 19 to Feb 3 · stopped15 days

EducationJan 19 to Feb 3 · stopped15 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 19 – Feb 3

  1. Jan 19Referred to the House committees on Education and on Ways and Means
  2. Feb 3Died in committee in the House
All 2 actions, as published
  1. Jan 19Referred To Education;Ways and MeansHouse of Representatives
  2. Feb 3Died In CommitteeHouse of Representatives