l9n/ Mississippi

2017 Regular Session

House Bill 1730

Bonds; authorize issuance for certain railroad purposes and road projects.

Did not become law. It stopped in the Senate's Finance Committee on March 14, 2017. The 2017 session has ended.

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 REFINANCING CERTAIN ACQUISITION COSTS OF THE RAIL LINE THAT EXTENDS FROM SOUTHAVEN, MISSISSIPPI, TO A POINT NEAR CANTON, MISSISSIPPI, AND TO PROVIDE FUNDS TO REFURBISH AND IMPROVE SUCH RAIL LINE; 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 BRING FORWARD SECTION 1, CHAPTER 518, LAWS OF 2014, FOR PURPOSES OF POSSIBLE AMENDMENT; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS TO ASSIST IN PAYING THE COSTS ASSOCIATED WITH DESIGN, ENGINEERING, LAND ACQUISITION AND CONSTRUCTION OF THE REUNION PARKWAY/INTERSTATE 55 INTERCHANGE PROJECT IN MADISON COUNTY, MISSISSIPPI; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS TO ASSIST THE CITY OF LOUISVILLE, MISSISSIPPI, IN PAYING COSTS ASSOCIATED WITH CONSTRUCTING A ROAD AND OTHER TRANSPORTATION INFRASTRUCTURE IN THE CITY THAT WILL PROVIDE AND IMPROVE ACCESS TO LAND OWNED BY THE CITY DESIGNATED FOR AN ECONOMIC DEVELOPMENT PROJECT; TO AMEND SECTION 27-31-104, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT COUNTY BOARDS OF SUPERVISORS AND MUNICIPAL AUTHORITIES MAY ENTER INTO FEE-IN-LIEU OF AD VALOREM TAXES AGREEMENTS FOR CERTAIN PROJECTS HAVING A MINIMUM CAPITAL INVESTMENT OF $100,000,000.00 FROM ANY SOURCE OR COMBINATION OF SOURCES, PROVIDED THAT A MAJORITY OF THE CAPITAL INVESTMENT IS FROM PRIVATE SOURCES, WHEN SUCH A PROJECT IS LOCATED WITHIN A GEOGRAPHIC AREA FOR WHICH A PRESIDENTIAL DISASTER DECLARATION WAS ISSUED ON OR AFTER JANUARY 1, 2014; RELATED 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

1 co-sponsor

Thomas U. Reynolds

Its course

February 20 to March 14, 2017, 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 action6 actions on 5 days

In the House of RepresentativesFeb 20 to Feb 211 day

Ways and MeansFeb 20 to Feb 211 day

In the SenateFeb 21 to Mar 14 · stopped21 days

FinanceMar 6 to Mar 14 · 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.

In the House of Representatives Feb 20 – Feb 21

  1. Referred to the House committee on Ways and Means
  2. Reported from committee in the House: title sufficient, do pass
  3. Passed the House

In the Senate Feb 22 – Mar 14

  1. Sent to the Senate
  2. Referred to the Senate committee on Finance
  3. Died in committee in the Senate
All 6 actions, as published