Variable rate refunding bonds; delete requirement that issuance must result in 2% saving over the bonds bei...
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SB 2604 — Variable rate refunding bonds; delete requirement that issuance must result in 2% saving over the bonds being refunded.
Last action — Approved by Governor
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 21, 2019. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 R).
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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
2 added · 2 removedPlain-language change summary
The latest version of Bill SB 2604 has been updated to include new lines that were not part of the original text passed by the Senate. These additions may clarify certain points or introduce new provisions that impact how the bill will function once enacted. This matters because any changes can affect the bill's implementation and the overall intent behind the legislation. Understanding these updates is important for those who will be affected by the bill's provisions.
SB2604 (As SentPassed tothe Governor)Senate) - 2019 Regular Session MISSISSIPPI LEGISLATURE Regular Session To:
Senator(s) Fillingane Senate Bill 2604 (As SentPassed tothe Governor)Senate) AN ACT TO AMEND SECTION 31-18-7, MISSISSIPPI CODE OF 1972, TO DELETE THE REQUIREMENT THAT THE STATE BOND COMMISSION MUST FIND THAT, AT THE TIME OF ISSUING VARIABLE RATE REFUNDING BONDS, THE REFUNDING IS EXPECTED TO RESULT IN AN OVERALL NET PRESENT VALUE SAVINGS TO MATURITY OF NOT LESS THAN 2% OF THE BONDS BEING REFUNDED;
View plain text versions (3)
- As Passed the upper View text html
- Current version View text Current html
- Introduced As Introduced html
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
The bill removes the requirement for the State Bond Commission to ensure that variable rate refunding bonds result in a minimum net present value savings of 2% at the time of issuance.
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Section 31-18-7
the commission shall find by resolution that at the time of such refunding, such refunding is expected to result in an overall net present value savings to maturity of not less than two percent (2%) of the bonds being refunded.This change eliminates the 2% savings requirement for issuing variable rate refunding bonds.
Amendments
2 amendments- Committee Amendment No 1 (Adopted) (Voice Vote) Adopted Show changes
- Amendment Report for Senate Bill No. 2604 Show changes
Click Show changes on an amendment above to see how it modifies the bill.
Action History
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Approved by Governor
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Enrolled Bill Signed
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Enrolled Bill Signed
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Conference Report Adopted
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Conference Report Adopted
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Conference Report Filed
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Conference Report Filed
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Conferees Named Smith,Lamar,White
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Conferees Named Fillingane,Kirby,Harkins
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Decline to Concur/Invite Conf
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Returned For Concurrence
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Passed As Amended
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Amended
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Title Suff Do Pass As Amended
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Referred To Ways and Means
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Transmitted To House
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Passed
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Title Suff Do Pass
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Referred To Finance
Sponsors
- Joey Fillingane · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 174 not signed on · 1 voted No
Sponsors (1)
- Joey Fillingane Republican
Co-sponsors (0)
None.
Not signed on (174)
174 members have not signed on to this bill.
Show all 174 →"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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 19 | 0 | 0 | 2 |
| Republican | 40 | 1 | 0 | 4 |
| Unaffiliated | 47 | 4 | 0 | 2 |
| Independent | 1 | 0 | 0 | 0 |
| Total | 107 | 5 | 0 | 8 |
| % of votes cast | 89% | 4% | 0% | 7% |
How each member voted (120)
| 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 |
| Hopkins | — | Nay |
| Hughes | — | Yea |
| McLeod | — | Yea |
| McNeal | — | Yea |
| Mettetal | — | Yea |
| Miles | — | Yea |
| Myers | — | Not Voting |
| Paden | — | Yea |
| Patterson | — | Yea |
| Reynolds | — | Not Voting |
| Shirley | — | Yea |
| Snowden | — | Yea |
| Staples | — | Yea |
| Straughter | — | Yea |
| Sullivan | — | Yea |
| Sykes | — | Yea |
| Walker | — | Yea |
| Weathersby | — | Yea |
| Williams-Barnes | — | Yea |
| Willis | — | Yea |
| Young | — | Yea |
| Yeas--Aguirre | — | Yea |
| Baker | — | Yea |
| Barnett | — | Yea |
| Bell (65th) | — | Yea |
| Bell (21st) | — | Yea |
| Gibbs (72nd) | — | Yea |
| Blackmon | — | Yea |
| Clarke | — | Yea |
| Gibbs (36th) | — | Yea |
| Holloway | — | Yea |
| Huddleston | — | Yea |
| Hudson | — | Yea |
| Jackson | — | Yea |
| Johnson (87th) | — | Yea |
| Johnson (94th) | — | Yea |
| Rogers (61st) | — | Yea |
| Rogers (14th) | — | Yea |
| Taylor | — | Yea |
| Mr. Speaker | — | Yea |
| Nays--Bomgar | — | Nay |
| Bo Brown | Democrat | Not Voting |
| 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 | Not Voting |
| 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 |
| Ronnie C. Crudup | Democrat | Yea |
| Solomon C. Osborne | Democrat | Yea |
| Stephanie Foster | Democrat | Yea |
| Tracey T. Rosebud | Democrat | Yea |
| Willie Bailey | Democrat | Yea |
| Angela Cockerham | Independent | Yea |
| Becky Currie | Republican | Not Voting |
| 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 | Not Voting |
| 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 | Not Voting |
| 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 | Not Voting |
| 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 | Nay |
| Steve Massengill | Republican | Yea |
| Timmy Ladner | Republican | Yea |
| Troy Smith | Republican | Yea |
| Vince Mangold | Republican | Yea |
| William Tracy Arnold | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 18 | 0 | 0 | 1 |
| Republican | 44 | 1 | 0 | 0 |
| Unaffiliated | 48 | 4 | 0 | 1 |
| Independent | 1 | 0 | 0 | 0 |
| Total | 111 | 5 | 0 | 2 |
| % of votes cast | 94% | 4% | 0% | 2% |
How each member voted (118)
| 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 |
| Hopkins | — | Nay |
| Hughes | — | Yea |
| McLeod | — | Yea |
| McNeal | — | Yea |
| Mettetal | — | Yea |
| Miles | — | Yea |
| Myers | — | Not Voting |
| 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 |
| Yeas--Aguirre | — | Yea |
| Baker | — | Yea |
| Barnett | — | Yea |
| Bell (65th) | — | Yea |
| Bell (21st) | — | Yea |
| Blackmon | — | Yea |
| Clarke | — | Yea |
| Mr. Speaker | — | Yea |
| Nays--Bomgar | — | Nay |
| Gibbs (72nd) | — | Yea |
| Gibbs (36th) | — | Yea |
| Holloway | — | Yea |
| Huddleston | — | Yea |
| Hudson | — | Yea |
| Jackson | — | Yea |
| Johnson (87th) | — | Yea |
| Johnson (94th) | — | Yea |
| Rogers (14th) | — | Yea |
| Rogers (61st) | — | Yea |
| Taylor | — | Yea |
| Bo Brown | Democrat | Not Voting |
| 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 | Yea |
| 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 | Yea |
| 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 | Nay |
| Steve Massengill | Republican | Yea |
| Timmy Ladner | Republican | Yea |
| Troy Smith | Republican | Yea |
| Vince Mangold | Republican | Yea |
| William Tracy Arnold | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 16 | 0 | 0 | 0 |
| Democrat | 6 | 0 | 0 | 0 |
| Unaffiliated | 29 | 0 | 0 | 1 |
| Total | 51 | 0 | 0 | 1 |
| % 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 |
Subjects
Frequently asked questions
- Who sponsors SB 2604?
- SB 2604 is sponsored by Joey Fillingane (Republican).
- What is the current status of SB 2604?
- This bill has been enacted into law. Introduced January 21, 2019. Enacted.
- Where can I track SB 2604?
- Track SB 2604 free on One Click Politics — get push/email alerts when it moves.
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