Did not become law. It stopped in the House of Representatives's Ways and Means Committee on June 3, 2020. The 2020 session has ended.
2020 Regular Session
House Bill 907
Economically Distressed Municipalities Development Act; create.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO CREATE THE "ECONOMICALLY DISTRESSED MUNICIPALITIES DEVELOPMENT ACT" TO ASSIST CERTAIN MUNICIPALITIES IN ENCOURAGING ECONOMIC DEVELOPMENT; TO AUTHORIZE THE MISSISSIPPI DEVELOPMENT AUTHORITY TO DESIGNATE CERTAIN MUNICIPALITIES AS ECONOMICALLY DISTRESSED MUNICIPALITIES; TO PROVIDE THAT CERTAIN MUNICIPALITIES MAY APPLY TO THE MISSISSIPPI DEVELOPMENT AUTHORITY FOR DESIGNATION AS ECONOMICALLY DISTRESSED MUNICIPALITIES; TO PROVIDE INCENTIVES IN THE FORM OF TEMPORARY LOCAL AD VALOREM TAX EXEMPTIONS, STATE INCOME TAX, FRANCHISE TAX AND SALES TAX EXEMPTIONS AND LOANS FOR APPROVED BUSINESS ENTERPRISES THAT LOCATE OR EXPAND IN ECONOMICALLY DISTRESSED MUNICIPALITIES; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE LOANS AUTHORIZED UNDER THIS ACT; TO AMEND SECTIONS 27-7-21, 27-13-5, 27-13-7 AND 27-65-101, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PROVISIONS OF THIS ACT; 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
Sponsor
Its course
February 14 to June 3, 2020, 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 House of RepresentativesFeb 14 to Jun 3 · stopped110 days
Ways and MeansFeb 14 to Jun 3 · stopped110 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 14 – Jun 3
- Feb 14Referred to the House committee on Ways and Means
- Jun 3Died in committee in the House
All 2 actions, as published
- Feb 14Referred To Ways and MeansHouse of Representatives
- Jun 3Died In CommitteeHouse of Representatives