House Bill 1358

AN ACT TO CREATE A PORT, TO BE NAMED BY THE GOVERNOR, TO BE LOCATED IN PRENTISS COUNTY, MISSISSIPPI; TO PROVIDE FOR THE MEMBERSHIP OF THE PORT COMMISSION; TO PROVIDE THE POWERS AND DUTIES OF THE PORT COMMISSION; TO AUTHORIZE THE PORT COMMISSION TO BORROW MONEY; TO PROVIDE THAT ALL LEASES SHALL BE EXEMPT FROM ALL STATE, COUNTY AND MUNICIPAL AD VALOREM TAXES; TO PROVIDE THAT THE COMMISSION MAY ACCEPT GRANTS OR LOANS FROM ANY PUBLIC OR PRIVATE AGENCY OR FROM ANY INDIVIDUAL; TO CREATE THE PRENTISS COUNTY AGRI-INDUSTRIAL PORT COMMISSION FUND; TO AUTHORIZE THE PORT COMMISSION TO ACQUIRE PROPERTY; TO AUTHORIZE THE PORT COMMISSION TO EMPLOY CERTAIN PERSONNEL AND ENTER INTO CONTRACTS; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS TO THE PORT COMMISSION FOR THE PURPOSE OF PAYING ALL OR ANY PART OF THE COST OF THE ACQUISITION OF ANY STATE PORT, HARBOR, WATERWAY OR PART THEREOF LOCATED IN PRENTISS COUNTY, MISSISSIPPI, AND THE PLANNED DEVELOPMENT OF ANY PORT, HARBOR, WATERWAY OR PART THEREOF LOCATED IN PRENTISS COUNTY, MISSISSIPPI; TO PROVIDE THAT THE PRINCIPAL OF AND INTEREST ON THE BONDS WILL BE PAID PRIMARILY FROM CERTAIN NET REVENUES DEPOSITED INTO A BOND SINKING FUND; AND FOR RELATED PURPOSES.

In the House of Representatives

• William Tracy Arnold

  Sponsor

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

In the House of Representatives Jan 21 – Feb 5

1. Jan 21Referred to the House committees on Ports, Harbors and Airports and on Ways and Means
2. Feb 5Died in committee in the House