Mississippi House Bill 1570 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 5 2013 - 100% progression
Action: 2013-02-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Amend Section 31-17-3, Mississippi Code Of 1972, To Provide That The Powers Of The State Bond Commission In Connection With Any State Bonds Authorized To Be Issued By An Act Of The Legislature Are Limited To Performing Certain Administrative And Procedural Functions Relating To The Issuance Of The Bonds; To Authorize The Commission To Perform Any Other Powers And Duties In Connection With Any State Bonds Authorized To Be Issued By An Act Of The Legislature That Are Specifically Granted To The Commission In That Act Of The Legislature; To Provide That The Commission Is Not Authorized To Make A Determination That Any State Bonds Should Not Be Issued Based On The Commission's Evaluation Of The Relative Merits Of The Projects Being Funded By The Bonds Or The Appropriateness Of The Policy Of Issuing The Bonds; To Provide That If All Of The Conditions That Are Prescribed For The Issuance Of The Bonds In The Act Of The Legislature Authorizing The Issuance Of The Bonds Have Been Met As Required In That Act, Then The Commission Shall Issue The Bonds As Provided In That Act; To Amend Sections 31-17-1 And 31-17-101, Mississippi Code Of 1972, To Combine The Separate Provisions That Create The State Bond Commission Into One Section; To Provide That The Provisions Of This Act Shall Apply Only To State Bonds Authorized To Be Issued By Acts Of The Legislature That Are Enacted On Or After The Effective Date Of This Act; And For Related Purposes.

State Bond Commission; powers in connection with issuance of state bonds are limited to certain administrative functions.

Rep. Cecil Brown [D]

Date	Chamber	Action
2013-02-05	House	Died In Committee
2013-01-21	House	Referred To Ways and Means

Type	Source
Summary	https://billstatus.ls.state.ms.us/2013/pdf/history/HB/HB1570.xml
Text	https://billstatus.ls.state.ms.us/documents/2013/html/HB/1500-1599/HB1570IN.htm