House Bill 1613

AN ACT TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS IN THE AMOUNT OF $1,000,000.00 FOR THE ACE FUND; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS IN THE AMOUNT OF $1,000,000.00 FOR THE MISSISSIPPI DEVELOPMENT AUTHORITY WORKFORCE TRAINING FUND; TO AMEND SECTION 57-61-25, MISSISSIPPI CODE OF 1972, TO INCREASE BY $2,000,000.00 THE AMOUNT OF GENERAL OBLIGATION BONDS THAT MAY BE ISSUED UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT; TO AMEND SECTION 57-61-36, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF BOND PROCEEDS THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY MAY UTILIZE UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT TO MAKE GRANTS TO COUNTIES AND MUNICIPALITIES THROUGH A DEVELOPMENT INFRASTRUCTURE GRANT FUND TO COMPLETE INFRASTRUCTURE RELATED TO NEW OR EXPANDED INDUSTRY; TO INCREASE THE AMOUNT OF BOND PROCEEDS THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY MAY UTILIZE UNDER THE MISSISSIPPI BUSINESS INVESTMENT ACT TO MAKE GRANTS OR LOANS TO COUNTIES AND MUNICIPALITIES THROUGH AN EQUIPMENT AND PUBLIC FACILITIES GRANT AND LOAN FUND TO AID IN INFRASTRUCTURE-RELATED IMPROVEMENTS, THE PURCHASE OF EQUIPMENT AND IN THE PURCHASE, CONSTRUCTION OR REPAIR AND RENOVATION OF FACILITIES; TO AMEND SECTION 57-75-15, MISSISSIPPI CODE OF 1972, AS AMENDED BY HOUSE BILL NO. 1, 2016 FIRST EXTRAORDINARY SESSION, TO INCREASE FROM $63,000,000.00 TO $64,000,000.00 THE AMOUNT OF GENERAL OBLIGATION BONDS THAT MAY BE ISSUED UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT FOR PROJECTS DESIGNED TO ENHANCE FACILITIES THAT ARE AT RISK FOR CLOSURE PURSUANT TO THE BASE CLOSURE AND REALIGNMENT ACT OF 1991 OR OTHER APPLICABLE FEDERAL LAW; TO AMEND SECTION 65-4-25, MISSISSIPPI CODE OF 1972, TO INCREASE BY $1,000,000.00 THE AMOUNT OF BONDS THAT MAY BE ISSUED UNDER THE ECONOMIC DEVELOPMENT HIGHWAY ACT; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS TO THE PASCAGOULA REDEVELOPMENT AUTHORITY FOR USE BY THE AUTHORITY IN ITS COMMERCIAL DEVELOPMENT INCENTIVE PROGRAM TO INCENTIVIZE PRIVATE INVESTMENT INTO MIXED USE AND COMMERCIAL PROJECTS ALONG THE WATERFRONT OF THE PASCAGOULA RIVER; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS TO ASSIST THE OAKLAND-YALOBUSHA NATURAL GAS DISTRICT IN PAYING COSTS ASSOCIATED WITH IMPROVEMENTS TO DISTRICT INFRASTRUCTURE, EQUIPMENT AND FACILITIES; AND FOR RELATED PURPOSES.

In the House of Representatives

• Jeffrey C. Smith

  Sponsor

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

In the House of Representatives Mar 7 – Mar 15

1. Mar 7Referred to the House committee on Ways and Means
2. Mar 9Reported from committee in the House: title sufficient, do pass as a committee substitute
3. Mar 15Committee substitute adopted in the House
4. Passed the House

In the Senate Mar 17 – Apr 5

1. Mar 17Sent to the Senate
2. Mar 28Referred to the Senate committee on Finance
3. Apr 5Died in committee in the Senate