MS HB1543 | 2011 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 23 2011 - 100% progression
Action: 2011-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 57-44-11, Mississippi Code Of 1972, To Increase From $18,000,000.00 To $21,000,000.00 The Amount Of Bonds That May Be Issued To Fund Local Government Freight Rail Service Projects; To Amend Section 57-44-7, Mississippi Code Of 1972, To Increase From $8,000,000.00 To $11,000,000.00 The Maximum Amount Of Grants That May Be Made To Counties From Monies In The Local Governments Freight Rail Service Project Revolving Loan Fund; To Authorize The Issuance Of State General Obligation Bonds In The Amount Of $3,000,000.00 To Provide Additional Funds For The Railroad Revitalization Fund To Be Credited To The Mississippi Highway-railroad Grade Crossing Safety Account; To Amend Section 57-43-15, Mississippi Code Of 1972, In Conformity To The Provisions Of This Act; To Authorize The Mississippi Development Authority To Grant Funds To The Southwest Regional Railroad Authority To Pay A Portion Of The Costs Incurred By The Regional Railroad Authority For The Repair, Rehabilitation, Construction, Reconstruction, Upgrading And Improvement Of The Existing Railroad Line From The City Of Natchez, Mississippi, To Brookhaven, Mississippi; To Authorize The Issuance Of State General Obligation Bonds In The Amount Of $3,000,000.00 To Provide Funds For Such Grants; To Authorize The Issuance Of State General Obligation Bonds In The Amount Of $3,000,000.00 To Provide Funds To Assist The Rail Authority Of East Mississippi In Paying Costs Associated With The Development And Construction Of The East Mississippi Intermodal Railroad And Related Structures And Facilities In Wayne, Greene And George Counties; To Provide For The Issuance Of State General Obligation Bonds In The Amount Of $1,000,000.00 For The Purpose Of Paying Lowndes County's Cost Of Planning, Development, Repair, Rehabilitation, Construction, Reconstruction, Upgrading And Improvement Of Artesia Road In Lowndes County And Any Rail Infrastructure, Including, But Not Limited To, Rail Grade Crossings, Related To The Segment Of The Existing Railroad Line Running Parallel With And Adjacent To Artesia Road; To Amend Section 57-43-15, Mississippi Code Of 1972, To Conform To The Provisions Of This Act; And For Related Purposes.

Tracking Information

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Title

Bonds; authorize issuance of for various railroad related projects.

Sponsors


History

DateChamberAction
2011-02-23 Died In Committee
2011-02-21 Referred To Ways and Means

Mississippi State Sources


Bill Comments

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