Mississippi Senate Bill 2044 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 6 2012 - 100% progression
Action: 2012-03-06 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Authorize School Districts To Enter Into Capital Leases Of Real Or Personal Property For Use As School Buildings Or School Facilities; To Authorize "build-to-suit" Capital Leases Providing For The Construction Of New School Facilities Or The Renovation Of Existing School Facilities By A Private Developer With Certain Guaranties To The School District Related To The Facility That Is The Subject Of The Capital Lease; To Provide Certain Requirements Regarding Such Construction Services; To Authorize The Transfer Of Real Estate By The School District For Such Capital Leases; To Require A Letter Of Credit For Such Capital Leases; To Amend Section 37-7-355, Mississippi Code Of 1972, In Conformity; To Amend Section 31-7-13, Mississippi Code Of 1972, To Exempt School Facility Capital Leases From The Public Bid Law Requirements; And For Related Purposes.

Build-to-suit capital leases for school facilities; authorize school districts to enter into and transfer real estate for.

Sen. Joey Fillingane [R]

Date	Chamber	Action
2012-03-06		Died In Committee
2012-01-12		Referred To Education;Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2012/pdf/history/SB/SB2044.xml
Text	https://billstatus.ls.state.ms.us/documents/2012/html/SB/2001-2099/SB2044IN.htm