MS HB1623 | 2015 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
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 Authorize Municipalities To Create Special Local Improvement Assessment Districts; To Authorize The Levy Of An Assessment Of Up To Six Mills On Taxable Real Property Located Within Such Assessment Districts; To Provide For The Duties And Powers Of Such Assessment Districts; To Require The Dissolution Of Such Assessment Districts Under Certain Circumstances; To Specify The Use For The Proceeds Of The Special Assessment; To Allow Such Districts To Levy Less Than The Maximum Allowable Assessment Levy; To Authorize The Issuance Of Bonds By A Municipality That Has Created A Special Local Improvement Assessment District Under This Act; To Provide That Bonds Issued By A Municipality Under This Act Shall Be Payable Out Of The Proceeds Of The Special Assessment Authorized Under This Act; To Authorize The Delegation Of Certain Authority Under This Act; To Provide That Bonds Issued Under This Act Shall Be Legal Investments; To Provide That Bonds Issued By A Municipality Under This Act Shall Be Excluded From The Municipality's Debt Limitation; To Amend Section 21-33-303, Mississippi Code Of 1972, To Conform To The Provisions Of This Act; And For Related Purposes.

Tracking Information

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Title

Special local improvement assessments district; authorize municipalities to create.

Sponsors


Roll Calls

2015-02-24 - House - House Passed (Y: 103 N: 17 NV: 2 Abs: 0) [PASS]

History

DateChamberAction
2015-03-17SenateDied In Committee
2015-03-04SenateReferred To Finance
2015-02-25HouseTransmitted To Senate
2015-02-24HousePassed
2015-02-24HouseTitle Suff Do Pass
2015-02-18HouseReferred To Ways and Means

Mississippi State Sources


Bill Comments

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