Mississippi House Bill 732 (Prior Session Legislation)

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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]

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.

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

Rep. Jeffrey Smith [R]

Date	Chamber	Action
2014-02-04	House	Died In Committee
2014-01-20	House	Referred To Ways and Means

Type	Source
Summary	https://billstatus.ls.state.ms.us/2014/pdf/history/HB/HB0732.xml
Text	https://billstatus.ls.state.ms.us/documents/2014/html/HB/0700-0799/HB0732IN.htm