MS SB2691 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 4 2014 - 100% progression
Action: 2014-02-04 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Provide That The Mississippi Development Authority Shall Establish A Loan Guaranty Program On Behalf Of Certain Motion Picture Production Companies; To Provide Eligibility Criteria That A Motion Picture Production Company Must Satisfy In Order To Be Eligible To Participate In The Program; To Provide For The Terms Of Loan Guarantees Made Under The Program; To Provide That A Motion Picture Production Company That Chooses To Utilize The Loan Guaranty Program For A Motion Picture Shall Not Be Eligible To Participate In The Rebate Incentive Authorized Under The Mississippi Motion Picture Incentive Act For The Same Motion Picture; To Provide That Funds For The Loan Guaranty Program Will Made Available From Current Income Tax Collections And Funds In The Mississippi Motion Picture Production Guaranty Fund; To Authorize The Issuance Of State General Obligation Bonds To Provide Funds For The Mississippi Motion Picture Production Guaranty Fund Created In This Act; To Amend Section 57-89-7, Mississippi Code Of 1972, In Conformity Thereto; And For Related Purposes.

Tracking Information

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Title

Motion picture production companies; create loan guaranty program as incentive for productions in state.

Sponsors


History

DateChamberAction
2014-02-04SenateDied In Committee
2014-01-27SenateDR - TSDP: TO To FI
2014-01-20SenateReferred To Tourism;Finance

Mississippi State Sources


Bill Comments

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