Mississippi legislation · 2025 Regular Session
Mississippi HB1987: Madison County; increase the amount of bonds that may be issued for the Madison County Economic Development Authority.
Status: Failed, April 3, 2025
AN ACT TO AMEND CHAPTER 947, LOCAL AND PRIVATE LAWS OF 1979, AS LAST AMENDED BY CHAPTER 929, LOCAL AND PRIVATE LAWS OF 2013, TO INCREASE TO TWENTY-FIVE MILLION DOLLARS ($25,000,000.00) THE MAXIMUM AUTHORIZED AMOUNT OF BONDS OR NOTES THAT MAY BE ISSUED BY THE MADISON COUNTY ECONOMIC DEVELOPMENT AUTHORITY OR BY MADISON COUNTY, MISSISSIPPI, FOR ANY AUTHORIZED MADISON COUNTY ECONOMIC DEVELOPMENT AUTHORITY PURPOSES; AND FOR RELATED PURPOSES.
What the bill says
An act to amend chapter 947, local and private laws of 1979, as last amended by chapter 929, local and private laws of 2013, to increase to twenty-five million dollars ($25,000,000.00) the maximum authorized amount of bonds or notes that may be issued by the madison county economic development authority or by madison county, mississippi, for any authorized madison county economic development authority purposes; and for related purposes.
From the introduced text:
AN ACT TO AMEND CHAPTER 947, LOCAL AND PRIVATE LAWS OF 1979, AS LAST AMENDED BY CHAPTER 929, LOCAL AND PRIVATE LAWS OF 2013, TO INCREASE TO TWENTY-FIVE MILLION DOLLARS ($25,000,000.00) THE MAXIMUM AUTHORIZED AMOUNT OF BONDS OR NOTES THAT MAY BE ISSUED BY THE MADISON COUNTY ECONOMIC DEVELOPMENT AUTHORITY OR BY MADISON COUNTY, MISSISSIPPI, FOR ANY AUTHORIZED MADISON COUNTY ECONOMIC DEVELOPMENT AUTHORITY PURPOSES; AND FOR RELATED PURPOSES. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: SECTION 1. Chapter 947, Local and Private Laws of 1979, as amended by Chapter 877, Local and Private Laws of 1983, as amended by Chapter 809, Local and Private Laws of 1989, as amended by Chapter 968, Local and Private Laws of 1993, as amended by Chapter 1000, Local and Private Laws of 1996, as amended by Chapter 961, Local and Private Laws of 1998, as amended by Chapter 929, Local and Private Laws of 2013, is amended as follows: Section 1. When the Board of Supervisors of Madison County shall find and determine that the public convenience and necessity require the same, as evidenced by a resolution duly adopted and entered on the official minutes of such board, it shall establish an industrial development authority, to be known as the Madison County Economic Development Authority, hereinafter "Authority." The Authority shall …
Sponsors
- Jill Ford (R, 73) · primary sponsor
- Justis Gibbs (D, 72)
- Kenji Holloway (D, 27)
- Hurst, Celeste (R, 75)
- Mansell, Clay (R, 56)
- McMillan, Jonathan (R, 58)
- Yates, Shanda (I, 64)
Latest actions
- : Died In Committee
- : Referred To Local and Private Legislation
Subjects: Madison County
Common questions
- What is HB1987?
- HB1987 is a bill in the Mississippi Legislature (2025 Regular Session): Madison County; increase the amount of bonds that may be issued for the Madison County Economic Development Authority.
- What does HB1987 do?
- In its own words: An act to amend chapter 947, local and private laws of 1979, as last amended by chapter 929, local and private laws of 2013, to increase to twenty-five million dollars ($25,000,000.00) the maximum authorized amount of bonds or notes that may be issued by the madison county economic development authority or by madison county, mississippi, for any authorized madison county economic development authority purposes; and for related purposes.
- What is the status of HB1987?
- Failed as of April 3, 2025. Latest action: Died In Committee (April 3, 2025).
- Who sponsored HB1987?
- Jill Ford (R, 73), with 6 co-sponsors.
- Where is the official record for HB1987?
- On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB1987.xml
Source: official Mississippi record. Tracked by Delilah, AI for legislation across all 50 states and Congress.