MS HB1618 | 2015 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 9-3)
Status: Failed on March 17 2015 - 100% progression
Action: 2015-03-17 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Slight Partisan Bill (Republican 9-3)
Status: Failed on March 17 2015 - 100% progression
Action: 2015-03-17 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
An Act To Create The Mississippi Main Street Investment Act; To Provide Definitions For This Act; To Create The Mississippi Main Street Investment Loan Fund; To Require The Mississippi Development Authority To Establish A Program To Make Loans To Municipalities To Assist With Maintaining And Improving The Viability Of Revitalization Zones; To Require A Municipality Desiring A Loan Under This Act To Submit An Application To The Mississippi Development Authority; To Provide That The Mississippi Development Authority Shall Review The Application Of A Municipality In Order To Confirm That The Revitalization Zone Meets The Requirements Of This Act; To Provide That The Mississippi Development Authority Shall Establish A Deadline For The Submission Of Applications During A State Fiscal Year; To Provide That If A Municipality In Which A Revitalization Zone Is Located Receives A Loan Under This Section, Then The Sales Tax Revenue Collected Within A Revitalization Zone Shall Be Allocated For Distribution To The Municipality In Which The Revitalization Zone Is Located And Paid To The Municipality; To Authorize The Mississippi Development Authority With All Powers Necessary To Implement And Administer The Program Authorized By This Act; To Amend Section 27-65-75, Mississippi Code Of 1972, To Conform To The Provisions Of This Act; To Authorize The Issuance Of State General Obligation Bonds In The Amount Of $5,000,000.00 And Provide That The Proceeds Of Such Bonds Shall Be Deposited Into The Mississippi Main Street Investment Loan Fund; And For Related Purposes.
Title
Mississippi Main Street Investment Act; create.
Sponsors
Rep. John Lamar [R] | Sen. Dennis DeBar [R] | Rep. Michael Evans [D] | Rep. Joey Hood [R] |
Rep. Kevin Horan [R] | Rep. Lataisha Jackson [D] | Rep. Steve Massengill [R] | Rep. Brad Mayo [R] |
Rep. Ken Morgan [R] | Rep. Jody Steverson [R] | Rep. Jason White [R] | Rep. Tom Miles [D] |
Roll Calls
2015-02-24 - House - House Passed (Y: 118 N: 2 NV: 2 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2015-03-17 | Senate | Died In Committee |
2015-03-04 | Senate | Referred To Finance |
2015-02-25 | House | Transmitted To Senate |
2015-02-24 | House | Passed |
2015-02-24 | House | Amendment Failed |
2015-02-24 | House | Title Suff Do Pass |
2015-02-18 | House | Referred To Ways and Means |