MS SB2568 | 2012 | Regular Session

Status

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]

Summary

An Act To Authorize The Board Of Supervisors Of A County Or The Governing Authorities Of A Municipality To Enter Into Agreements With Certain Economic Development Projects To Provide Water, Sewer And Other County Or Municipal Services, And Providing That The Board Of Supervisors Or Governing Authorities Will Agree In Advance To Approve Any Request For Exemption From Ad Valorem Taxes In The Manner Provided By Law And That Any Such Exemption Shall Be For A Period Of 10 Years; To Provide That The Agreements Authorized In This Section May Be For A Period Not To Exceed 20 Years And Shall Be Binding On Future Boards Of Supervisors Of The County Or Governing Authorities Of The Municipality; And For Related Purposes.

Tracking Information

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Title

Economic development; certain agreements by counties & cities with economic development projects may be binding not more than 20 years.

Sponsors


History

DateChamberAction
2012-03-06 Died In Committee
2012-02-20 Referred To Municipalities;Finance

Mississippi State Sources


Bill Comments

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