l9n/ Mississippi

2018 Regular Session

House Bill 1488

Bonds; authorize issuance for various Mississippi Development Authority programs.

Became law as Chapter 412, Laws of 2018, signed March 21, 2018, 65 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS IN THE AMOUNT OF $11,000,000.00 FOR THE ACE FUND; TO AMEND SECTION 57-61-25, MISSISSIPPI CODE OF 1972, TO INCREASE BY $4,000,000.00 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 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 PUBLIC FACILITIES; TO AMEND SECTION 57-75-15, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $68,000,000.00 TO $71,000,000.00 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 EXTEND THE REVERTER ON THE PROVISIONS THAT AUTHORIZE THE STATE BOND COMMISSION TO NEGOTIATE THE SALE OF BONDS ISSUED UNDER THE MISSISSIPPI MAJOR ECONOMIC IMPACT ACT; TO AUTHORIZE THE ISSUANCE OF $2,000,000.00 OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE MISSISSIPPI SITE DEVELOPMENT GRANT FUND; TO AMEND SECTION 57-1-701, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A PORTION OF THE PROCEEDS OF CERTAIN BONDS MAY BE USED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY TO REIMBURSE CERTAIN COSTS RELATED TO THE ADMINISTRATION OF THE FUND; 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

C. Scott Bounds

Its course

January 15 to March 21, 2018, 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 action11 actions on 9 days

In the House of RepresentativesJan 15 to Feb 1430 days

Ways and MeansJan 15 to Feb 1430 days

In the SenateFeb 14 to Mar 1327 days

FinanceFeb 16 to Mar 820 days

With the GovernorMar 13 to Mar 218 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 15 – Feb 14

  1. Jan 15Referred to the House committee on Ways and Means
  2. Feb 14Reported from committee in the House: title sufficient, do pass
  3. Passed the House

In the Senate Feb 15 – Mar 13

  1. Feb 15Sent to the Senate
  2. Feb 16Referred to the Senate committee on Finance
  3. Mar 8Reported from committee in the Senate: title sufficient, do pass
  4. Mar 13Passed the Senate

To the Governor Mar 14 – Mar 21

  1. Mar 14Returned to the House for enrolling
  2. Mar 15Enrolled bill signed in the House
  3. Enrolled bill signed in the Senate
  4. Mar 21Approved by the Governor
All 11 actions, as published
  1. Jan 15Referred To Ways and MeansHouse of Representatives
  2. Feb 14Title Suff Do PassHouse of Representatives
  3. Feb 14PassedHouse of Representatives
  4. Feb 15Transmitted To SenateHouse of Representatives
  5. Feb 16Referred To FinanceSenate
  6. Mar 8Title Suff Do PassSenate
  7. Mar 13PassedSenate
  8. Mar 14Returned For EnrollingSenate
  9. Mar 15Enrolled Bill SignedHouse of Representatives
  10. Mar 15Enrolled Bill SignedSenate
  11. Mar 21Approved by GovernorGovernor