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With Rep. Smith saying LG Tate Reeves...

With Rep. Smith saying LG Tate Reeves won’t budge, Legislature passes $450 million in bonds

By: Magnolia Tribune - March 31, 2015

Bond bill passes despite complaints from colleges

JACKSON – Mississippi lawmakers voted Monday to borrow $450 million for a range of needs, including $24.5 million to build an aquarium in Gulfport.

House and Senate members passed Senate Bill 2906, which contains $250 million in borrowing. The House also gave final passage to House Bill 1630, which calls for another $200 million in borrowing to be repaid by casino taxes, mostly for bridge work….

…House Ways and Means Committee Chairman Jeff Smith, R-Columbus, admitted those were probably the “most critical” unmet needs. But, warning that Lt. Gov. Tate Reeves would not budge past the total amounts in bills, Smith argued that attempts to change the bill as Monday deadlines approached could endanger the chance of any borrowing.

Hattiesburg American

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Magnolia Tribune

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