Did not become law. It stopped in the Senate's Finance Committee on February 25, 2015. The 2015 session has ended.
2015 Regular Session
Senate Bill 2842
Municipalities; authorize the creation of local improvement assessment districts.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AUTHORIZE CERTAIN MUNICIPALITIES TO CREATE SPECIAL LOCAL IMPROVEMENT ASSESSMENT DISTRICTS IF 60% OF THE PROPERTY OWNERS IN THE PROPOSED DISTRICT PETITION THE CITY FOR THE FORMATION OF THE DISTRICT; TO AUTHORIZE THE LEVY OF A SPECIAL ASSESSMENT OF UP TO SIX MILLS ON TAXABLE REAL PROPERTY LOCATED IN SUCH DISTRICTS; TO AUTHORIZE NONPROFIT ASSOCIATIONS OR FOUNDATIONS DULY INCORPORATED UNDER THE LAWS OF THE STATE OF MISSISSIPPI REPRESENTING THE INTERESTS OF THE NEIGHBORHOODS WITHIN THE BOUNDARIES OF A PROPOSED SPECIAL LOCAL IMPROVEMENT ASSESSMENT DISTRICT TO INITIATE THE PROCEDURE TO ESTABLISH SUCH A DISTRICT AND TO UTILIZE THE REVENUE FROM THE LEVY FOR CERTAIN PURPOSES; TO PROVIDE FOR THE DUTIES AND POWERS OF MUNICIPALITIES AND HOMEOWNERS' ASSOCIATIONS IN SUCH DISTRICTS; TO REQUIRE THE DISSOLUTION OF SUCH ASSESSMENT DISTRICTS UNDER CERTAIN CIRCUMSTANCES; TO SPECIFY THE USE FOR THE PROCEEDS OF THE SPECIAL ASSESSMENT; TO AUTHORIZE MUNICIPALITIES TO ISSUE BONDS TO PAY FOR IMPROVEMENTS IN DISTRICTS THAT ARE NOT MANAGED BY A HOMEOWNERS' ASSOCIATION; TO PROVIDE THAT THE DEBT SERVICE ON BONDS ISSUED UNDER THIS ACT SHALL BE PAID FROM THE REVENUE OF THE SPECIAL ASSESSMENT; TO AMEND SECTION 21-33-303, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; 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 17 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 SenateFeb 17 to Feb 25 · stopped8 days
FinanceFeb 17 to Feb 25 · stopped8 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.