SB2546: Mississippi Business Finance Corporation; extend repeal date on authority to issue bonds to finance economic development projects.

Legislative Summary

An Act To Amend Section 57-10-449, Mississippi Code Of 1972, To Extend Until October 1, 2029, The Repeal Date On Sections 57-10-401 Through 57-10-447, Which Provide For The Issuance Of Bonds By The Mississippi Business Finance Corporation To Finance Economic Development Projects In Order To Induce The Location Or Expansion Of Certain Businesses Within This State, And On Section 27-7-22.3, Mississippi Code Of 1972, Which Provides For A Credit Against State Income Taxes For Certain Companies For Debt Service Paid By Such Companies Under Financing Agreements Entered Into With The Mississippi Business Finance Corporation Under Section 57-10-409; To Bring Forward Sections 57-10-401 Through 57-10-447, Mississippi Code Of 1972, And Section 27-7-22.3, Mississippi Code Of 1972, For The Purpose Of Possible Amendment; And For Related Purposes.