HB1897: Northwest Regional Alliance; authorize Tate, Panola, Lafayette and Yalobusha counties to form for economic development purposes.

Legislative Summary

An Act To Authorize The Boards Of Supervisors Of Tate, Panola, Lafayette And Yalobusha Counties To Create The Northwest Regional Alliance (nwra) For The Purpose Of Engaging In Economic Development Projects In Those Counties; To Authorize The Boards Of Supervisors Of Those Counties To Levy A Special Ad Valorem Tax And To Issue General Obligation Bonds To Carry Out The Provisions Of This Act; To Provide That The Authority Granted To The Nwra Under This Act Is Supplemental To Any Other Authority Granted By Law To A Regional Economic Development Entity Comprised Of The Same Counties; To Bring Forward Sections 57-64-1 Through 57-64-31, Mississippi Code Of 1972, Which Are The Regional Economic Development Act, For Purposes Of Possible Amendment; To Bring Forward Section 27-39-321, Mississippi Code Of 1972, Which Prescribes Property Tax Increase Limitations, For Purposes Of Possible Amendment; To Bring Forward Section 19-9-5, Mississippi Code Of 1972, Which Prescribes Limitations On A County's Bonded Indebtedness, For Purposes Of Possible Amendment; And For Related Purposes.