Mississippi 2019 Regular Session Status: Enacted 1 R cosponsors

SB 2602 — Mississippi Home Corporation; continue authority to issue a certain amount of bonds.

Last action — Approved by Governor

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 21, 2019. Enacted.

Prognosis

Likely to advance 74% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 2 sponsors

    1 primary, 1 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

  • Cleared a recorded vote

    Passed 3 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

6 added · 6 removed

Plain-language change summary

The bill SB 2602 was updated by removing "COMMITTEE SUBSTITUTE" and instead using "As Passed the Senate." This change clarifies that the version now being discussed is the final one approved by the Senate, rather than an earlier draft. This distinction is important because it indicates the current official stance on the bill and ensures everyone is on the same page about what is being considered.

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SB2602 (As Sent to Governor) - 2019 Regular Session MISSISSIPPI LEGISLATURE Regular Session To:
SB2602 (As Passed the Senate) - 2019 Regular Session MISSISSIPPI LEGISLATURE Regular Session To:
Senator(s) Fillingane, Jackson (11th) Senate Bill 2602 (As Sent to Governor) AN ACT TO AMEND SECTION 43-33-729, MISSISSIPPI CODE OF 1972, TO EXTEND UNTIL JULY 1, 2024, THE PROVISION OF LAW THAT AUTHORIZES THE MISSISSIPPI HOME CORPORATION TO ISSUE BONDS AND NOTES ANNUALLY IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $350,000,000.00;
Senator(s) Fillingane, Jackson (11th) Senate Bill 2602 (As Passed the Senate) AN ACT TO AMEND SECTION 43-33-729, MISSISSIPPI CODE OF 1972, TO EXTEND UNTIL JULY 1, 2021, THE PROVISION OF LAW THAT AUTHORIZES THE MISSISSIPPI HOME CORPORATION TO ISSUE BONDS AND NOTES ANNUALLY IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $350,000,000.00;
     [Through June 30, * * *2019 2024, this section shall read as follows:]      43-33-729.  (1)  The corporation may from time to time issue its negotiable bonds and notes in such principal amounts as, in the opinion of the corporation, shall be necessary to provide sufficient funds for achieving the corporate purposes thereof, including operating expenses and reserves, the payment of interest on bonds and notes of the corporation, establishment of reserves to secure such bonds and notes, and all other expenditures of the corporation incident to and necessary or convenient to carry out its corporate purposes and powers.  Provided, except as otherwise authorized herein, bonds and notes may be issued annually under this article in an aggregate principal amount not to exceed Three Hundred Fifty Million Dollars ($350,000,000.00), excluding bonds and notes issued to refund outstanding bonds and notes, bonds and notes in which the corporation acts as a conduit issuer and bonds and notes issued for purposes related to Hurricane Katrina.  Such annual period shall be the same as the fiscal year of the state, commencing with the annual period of July 1, 2009, to June 30, 2010.
     [Through June 30, * * *2019 2021, this section shall read as follows:]      43-33-729.  (1)  The corporation may from time to time issue its negotiable bonds and notes in such principal amounts as, in the opinion of the corporation, shall be necessary to provide sufficient funds for achieving the corporate purposes thereof, including operating expenses and reserves, the payment of interest on bonds and notes of the corporation, establishment of reserves to secure such bonds and notes, and all other expenditures of the corporation incident to and necessary or convenient to carry out its corporate purposes and powers.  Provided, except as otherwise authorized herein, bonds and notes may be issued annually under this article in an aggregate principal amount not to exceed Three Hundred Fifty Million Dollars ($350,000,000.00), excluding bonds and notes issued to refund outstanding bonds and notes, bonds and notes in which the corporation acts as a conduit issuer and bonds and notes issued for purposes related to Hurricane Katrina.  Such annual period shall be the same as the fiscal year of the state, commencing with the annual period of July 1, 2009, to June 30, 2010.
     [From and after July 1,* * *2019 2024, this section shall read as follows:]      43-33-729.  (1)  The corporation may from time to time issue its negotiable bonds and notes in such principal amounts as, in the opinion of the corporation, shall be necessary to provide sufficient funds for achieving the corporate purposes thereof, including operating expenses and reserves, the payment of interest on bonds and notes of the corporation, establishment of reserves to secure such bonds and notes, and all other expenditures of the corporation incident to and necessary or convenient to carry out its corporate purposes and powers.  Provided, except as otherwise authorized herein, bonds and notes shall not be issued under this article in an aggregate principal amount exceeding the aggregate principal amount of bonds and notes outstanding on July 1, * * *2019 2024, excluding bonds and notes issued to refund outstanding bonds and notes, bonds and notes in which the corporation acts as a conduit issuer and bonds and notes issued for purposes related to Hurricane Katrina.
     [From and after July 1,* * *2019 2021, this section shall read as follows:]      43-33-729.  (1)  The corporation may from time to time issue its negotiable bonds and notes in such principal amounts as, in the opinion of the corporation, shall be necessary to provide sufficient funds for achieving the corporate purposes thereof, including operating expenses and reserves, the payment of interest on bonds and notes of the corporation, establishment of reserves to secure such bonds and notes, and all other expenditures of the corporation incident to and necessary or convenient to carry out its corporate purposes and powers.  Provided, except as otherwise authorized herein, bonds and notes shall not be issued under this article in an aggregate principal amount exceeding the aggregate principal amount of bonds and notes outstanding on July 1, * * *2019 2021, excluding bonds and notes issued to refund outstanding bonds and notes, bonds and notes in which the corporation acts as a conduit issuer and bonds and notes issued for purposes related to Hurricane Katrina.
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Amendments

2 amendments

Click Show changes on an amendment above to see how it modifies the bill.

Action History

  1. Approved by Governor

  2. Enrolled Bill Signed

  3. Enrolled Bill Signed

  4. Concurred in Amend From House

  5. Returned For Concurrence

  6. Passed As Amended

  7. Amended

  8. Title Suff Do Pass As Amended

  9. Referred To Ways and Means

  10. Transmitted To House

  11. Passed

  12. Committee Substitute Adopted

  13. Title Suff Do Pass Comm Sub

  14. Referred To Finance

Sponsors

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 173 not signed on · 3 voted No

Sponsors (1)

Co-sponsors (1)

  • Jackson_(11th)

Not signed on (173)

173 members have not signed on to this bill.

Show all 173 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Concurrence in Amendment From House

Passed 51 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Republican 16000
Democrat 5001
Unaffiliated 30000
Total 51001
% of votes cast 98%0%0%2%
How each member voted (52)
Member Party Vote
Branning — Yea
Browning — Yea
Burton — Yea
Carmichael — Yea
Caughman — Yea
Dawkins — Yea
Doty — Yea
Gollott — Yea
Horhn — Yea
Jolly — Yea
Jordan — Yea
Massey — Yea
McDaniel — Yea
Moran — Yea
Polk — Yea
Tollison — Yea
Turner-Ford — Yea
Wilemon — Yea
Witherspoon — Yea
Yeas--Barnett — Yea
Blackmon — Yea
Clarke — Yea
Dearing — Yea
Hudson — Yea
Jackson G. (15th) — Yea
Jackson R. (11th) — Yea
Jackson S. (32nd) — Yea
Parker — Yea
Simmons D. T. (12th) — Yea
Simmons W. (13th) — Yea
Albert Butler Democrat Yea
David Blount Democrat Yea
Hillman Terome Frazier Democrat Yea
Hob Bryan Democrat Yea
Percy W. Watson Democrat Not Voting
Sollie B. Norwood Democrat Yea
Angela Burks Hill Republican Yea
Brice Wiggins Republican Yea
Briggs Hopson Republican Yea
Chad McMahan Republican Yea
Chuck Younger Republican Yea
Dean Kirby Republican Yea
Dennis DeBar, Jr. Republican Yea
J. Walter Michel Republican Yea
Joel R. Carter, Jr. Republican Yea
Joey Fillingane Republican Yea
Joseph M. Seymour Republican Yea
Josh Harkins Republican Yea
Kevin Blackwell Republican Yea
Lydia Graves Chassaniol Republican Yea
Neil S. Whaley Republican Yea
Rita Potts Parks Republican Yea

Official roll call →

Passage as Amended

Passed 110 Yea · 6 Nay · 1 Other
Party YeaNayPresentNot Voting
Democrat 17200
Republican 44100
Unaffiliated 48301
Independent 1000
Total 110601
% of votes cast 94%5%0%1%
How each member voted (117)
Member Party Vote
Bain — Yea
Baria — Yea
Beckett — Yea
Busby — Yea
Calhoun — Yea
Corley — Yea
Criswell — Nay
Denny — Yea
Dixon — Yea
Dortch — Yea
Henley — Nay
Holland — Yea
Hughes — Yea
McLeod — Yea
McNeal — Yea
Mettetal — Yea
Miles — Yea
Paden — Yea
Patterson — Yea
Reynolds — Yea
Shirley — Yea
Snowden — Yea
Staples — Yea
Straughter — Yea
Sullivan — Yea
Sykes — Yea
Walker — Yea
Weathersby — Yea
Williams-Barnes — Yea
Willis — Yea
Young — Yea
Barnett — Yea
Bell (65th) — Yea
Bell (21st) — Yea
Blackmon — Yea
Clarke — Yea
Gibbs (72nd) — Yea
Yeas--Aguirre — Yea
Baker — Yea
Taylor — Yea
Mr. Speaker — Yea
Nays--Bomgar — Nay
Absent or those Myers — Not Voting
Gibbs (36th) — Yea
Holloway — Yea
Huddleston — Yea
Hudson — Yea
Jackson — Yea
Johnson (87th) — Yea
Johnson (94th) — Yea
Rogers (14th) — Yea
Rogers (61st) — Yea
Bo Brown Democrat Nay
Bob Evans Democrat Yea
Bob Evans Democrat Yea
Bryant W. Clark Democrat Yea
Carl Mickens Democrat Yea
Cedric Burnett Democrat Yea
Earle S. Banks Democrat Yea
Jeffery Harness Democrat Yea
Jeramey Anderson Democrat Yea
John G. Faulkner Democrat Yea
John W. Hines, Sr. Democrat Yea
Kabir Karriem Democrat Yea
Omeria Scott Democrat Yea
Oscar Denton Democrat Yea
Otis Anthony Democrat Yea
Percy W. Watson Democrat Yea
Stephanie Foster Democrat Nay
Tracey T. Rosebud Democrat Yea
Willie Bailey Democrat Yea
Angela Cockerham Independent Yea
Becky Currie Republican Yea
Bill Kinkade Republican Yea
Bill Pigott Republican Yea
Brent Powell Republican Yea
C. Scott Bounds Republican Yea
Carolyn Crawford Republican Yea
Casey Eure Republican Yea
Dan Eubanks Republican Nay
Donnie Scoggin Republican Yea
Fred Shanks Republican Yea
Greg Haney Republican Yea
Henry Zuber III Republican Yea
Jason White Republican Yea
Jeff Hale Republican Yea
Jeffrey S. Guice Republican Yea
Jerry R. Turner Republican Yea
Jody Steverson Republican Yea
Joey Hood Republican Yea
John Read Republican Yea
John Thomas "Trey" Lamar, III Republican Yea
Karl Oliver Republican Yea
Kathy L. Chism Republican Yea
Ken Morgan Republican Yea
Kevin Ford Republican Yea
Kevin Horan Republican Yea
Larry Byrd Republican Yea
Lester Carpenter Republican Yea
Manly Barton Republican Yea
Mark Tullos Republican Yea
Missy McGee Republican Yea
Noah Sanford Republican Yea
Price Wallace Republican Yea
Randy P. Boyd Republican Yea
Randy Rushing Republican Yea
Richard Bennett Republican Yea
Rob Roberson Republican Yea
Sam C. Mims, V Republican Yea
Scott DeLano Republican Yea
Stacey Hobgood-Wilkes Republican Yea
Stephen A. Horne Republican Yea
Steve Massengill Republican Yea
Timmy Ladner Republican Yea
Troy Smith Republican Yea
Vince Mangold Republican Yea
William Tracy Arnold Republican Yea

Official roll call →

Passage

Passed 51 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Republican 16000
Democrat 6000
Unaffiliated 29001
Total 51001
% of votes cast 98%0%0%2%
How each member voted (52)
Member Party Vote
Branning — Yea
Browning — Yea
Carmichael — Yea
Caughman — Yea
Dawkins — Yea
Doty — Yea
Gollott — Yea
Horhn — Yea
Jolly — Yea
Jordan — Yea
Massey — Yea
McDaniel — Yea
Moran — Yea
Polk — Yea
Tollison — Yea
Turner-Ford — Yea
Wilemon — Yea
Witherspoon — Yea
Yeas--Barnett — Yea
Blackmon — Yea
Clarke — Yea
Dearing — Yea
Hudson — Yea
Jackson G. (15th) — Yea
Jackson R. (11th) — Yea
Jackson S. (32nd) — Yea
Parker — Yea
Simmons D. T. (12th) — Yea
Simmons W. (13th) — Yea
Absent and those Burton — Not Voting
Albert Butler Democrat Yea
David Blount Democrat Yea
Hillman Terome Frazier Democrat Yea
Hob Bryan Democrat Yea
Percy W. Watson Democrat Yea
Sollie B. Norwood Democrat Yea
Angela Burks Hill Republican Yea
Brice Wiggins Republican Yea
Briggs Hopson Republican Yea
Chad McMahan Republican Yea
Chuck Younger Republican Yea
Dean Kirby Republican Yea
Dennis DeBar, Jr. Republican Yea
J. Walter Michel Republican Yea
Joel R. Carter, Jr. Republican Yea
Joey Fillingane Republican Yea
Joseph M. Seymour Republican Yea
Josh Harkins Republican Yea
Kevin Blackwell Republican Yea
Lydia Graves Chassaniol Republican Yea
Neil S. Whaley Republican Yea
Rita Potts Parks Republican Yea

Official roll call →

Subjects

finance housing
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Frequently asked questions

Who sponsors SB 2602?
SB 2602 is sponsored by Jackson_(11th) and Joey Fillingane (Republican).
What is the current status of SB 2602?
This bill has been enacted into law. Introduced January 21, 2019. Enacted.
Where can I track SB 2602?
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