AN ACT TO AMEND SECTION 57-1-301, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF "CAPITAL IMPROVEMENTS" FOR PURPOSES OF THE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN PROGRAM TO INCLUDE ANY PROJECT DETERMINED TO BE A CAPITAL IMPROVEMENT BY THE MISSISSIPPI DEVELOPMENT AUTHORITY (MDA); TO AMEND SECTION 57-1-303, MISSISSIPPI CODE OF 1972, TO CONFORM; TO EXTEND THE REPEALER ON THE AUTHORITY OF MDA TO USE CERTAIN MONIES IN THE LOCAL GOVERNMENTS CAPITAL IMPROVEMENTS REVOLVING LOAN FUND FOR THE ORDINARY AND NECESSARY GENERAL SUPPORT OF MDA; AND FOR RELATED PURPOSES.

Statutes affected:
As Introduced: 57-1-301, 57-1-303
As Passed by the Senate: 57-1-301, 57-1-303