reglab/housing_qa huggingface dataset:
MS Code § 57-43-9 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 43 - Railroad Revitalization|§ 57-43-9. County or municipal appropriations to fund; use of such moneys

 The board of supervisors of a county or the governing authority of a municipality may, with the approval of the Mississippi Department of Transportation, appropriate funds from the county or municipal general fund to the Railroad Revitalization Fund. The money shall be used in accordance with this chapter only for rehabilitation or improvement of rail lines within the county from which the county or municipal funds are provided. The county or municipality may, according to the provisions of Section 57-43-3, Mississippi Code of 1972, receive a partial or total reimbursement for this appropriation.
MS Code § 57-43-11 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 43 - Railroad Revitalization|§ 57-43-11. Agreements to jointly fund rehabilitation or improvement; loans to make up local share

 The Executive Director of the Mississippi Department of Transportation, with the approval of the Mississippi Transportation Commission, may enter into agreements for the purposes of this chapter whereby the state shall provide, from the state portion of the funds available, not more than seventy-five percent (75%) of the amounts necessary to rehabilitate or improve a rail line or segment thereof which has been documented as being viable and cost-effective, provided at least twenty-five percent (25%) of the cost is provided by federal, local, user or railroad funds. The portion to be provided by local governmental agencies may be in the form of a loan from the Railroad Revitalization Fund, with repayment being made by a portion of the revenue derived from the improved line or by a pledge of certain other funds. Any loan shall be made at no interest, provided payments are made in accordance with the agreement. Any portion of a loan outstanding during any delinquency shall bear interest at the legal rate on the entire balance due. In the event that a loan made to a county or municipality has not been repaid or arrangements satisfactory to the Mississippi Transportation Department have not been made to repay the loan within a period of time after same is due and payable, as determined by the department, the department shall determine that there is a default, shall enter an order to that effect upon its official minutes, and send a certified copy of said order by certified mail, postage prepaid, to the chancery clerk or city clerk, as the case may be. If said default is not satisfied in full within thirty (30) days following notification of default by the department, the county or municipality, as the case may be, shall forfeit its right to receive reimbursement for homestead exemption until such time as its indebtedness has been discharged or arrangements to discharge said indebtedness satisfactory to the department have been made. Homestead exemption funds forfeited hereby shall, upon demand by the department made in writing upon the Mississippi State Tax Commission, be paid to the Mississippi Transportation Department and applied to the discharge of the obligation.
MS Code § 57-43-15 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 43 - Railroad Revitalization|§ 57-43-15. Mississippi Highway-Railroad Grade Crossing Safety Account

  There is established within the Railroad Revitalization Fund a new account to be entitled the Mississippi Highway-Railroad Grade Crossing Safety Account. The account shall be administered by the Mississippi Department of Transportation and shall consist of:   Such monies as are transferred to it on July 1, 2001, from the Mississippi Grade Crossing Closure Account;   Thirty-five percent (35%) of collections from the locomotive fuel tax imposed under Section 27-59-307 for the previous year; and   Monies transferred to it from the Railroad Revitalization Fund, pursuant to the provisions of Section 2 of Chapter 497, Laws of 2009.  Unexpended amounts remaining in the account at the end of a fiscal year shall not lapse into the State General Fund; and any interest earned on amounts in the account shall be deposited to the credit of the account.      The Mississippi Transportation Commission, after consulting with the railroads operating in Mississippi, shall promulgate rules to ensure equitable allocation of the funds described in subsection (1) of this section to projects throughout the state, and shall consider the proportionate number of main line track miles of each railroad and the number of public roadway/railroad grade crossings on each railroad's main line. Expenditure of monies from the Mississippi Highway-Railroad Grade Crossing Safety Account shall be limited to the following purposes:   Financial aid for closure of public roadway/railroad grade crossings;   Realignment of construction costs of roadways being rerouted to facilitate a closure of a public roadway/railroad grade crossing;   Monies to match federal or other funds for a grade separation eliminating an at-grade crossing of a public roadway and railroad;   Installation, maintenance or upgrade of highway-railroad grade crossing signals, at the discretion of the Mississippi Transportation Commission, based upon the Federal Railroad Administration ranking of all Mississippi highway-railroad grade crossings. Not less than ten percent (10%) of the monies necessary to defray the costs of such installations must be federal funds;   Separation of grades of highway/railroad crossings;   Improvement of any grade crossing including the necessary roadway approaches thereto of any railroad across a public road highway;   Construction, reconstruction, repair or replacement of the grade crossing surface structure; and   Installation of an automatic advance warning signal alerting a motorist that a grade crossing is ahead.     The Mississippi Department of Transportation shall consider all requests from the state's diagnostic review of public roadway/railroad grade crossings and from individual railroads for expenditure of funds for the purposes described in subsection (2) of this section, and shall establish uniform criteria and guidelines relating to such crossings and the expenditure of funds.
MS Code § 57-44-1 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-1. Legislative findings and declaration of purpose

 The implementation of freight rail service projects within the State of Mississippi develops and promotes, for the public good, safety and general welfare, trade, commerce, industry, and employment opportunities, and promotes the general welfare of the state by creating a climate favorable to the location of new industry, trade, and commerce and the development of existing industry, trade and commerce within the State of Mississippi. Implementation of freight rail service projects within this state will develop and promote, for the public good, safety and general welfare, trade, commerce, industry, and employment opportunities, and will promote the general welfare of the state. It is therefore in the public interest and is vital to the public welfare of the people of Mississippi, and it is declared to be the public purpose of this chapter to so develop freight rail service projects within this state.
MS Code § 57-44-3 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-3. Definitions

 As used in this chapter the term "freight rail service project" means the acquisition, construction, installation, operation, modification, renovation, or rehabilitation of any freight rail service facilities. A project may also include any fixtures, machinery, or equipment used on, in or in connection with any such facilities. A project may be for any freight transportation purpose, provided that the department determines that the project will further the public purposes of this chapter.
MS Code § 57-44-5 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-5. Establishment of local governments freight rail service revolving loan program

 There is established a local governments freight rail service project revolving loan program to be administered by the Department of Economic and Community Development for the purpose of making loans to counties and municipalities that the governing authorities of such counties and municipalities may utilize to make loans to railroad corporations for freight rail service projects.
MS Code § 57-44-9 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-9. General powers and duties of Department of Economic and Community Development

 In administering the provisions of this chapter, the Department of Economic and Community Development shall have the following powers and duties:   To supervise the use of all funds made available under this chapter;   To review all freight rail service projects for which loans are made under this chapter by local governments;   To requisition monies in the Local Governments Freight Rail Service Project Revolving Loan Fund and distribute those monies to counties and municipalities, on a project-by-project basis in accordance with the provisions of this chapter;   To insure that the funds made available to a county or an incorporated municipality under this chapter provide for an equitable distribution of projects and funds among the counties and incorporated municipalities;   To maintain an accurate record of all funds made available to counties and municipalities.   To adopt and promulgate such rules and regulations as may be necessary or desirable for the purpose of implementing the provisions of this chapter; and   To file annually with the Legislature a report detailing how monies in the Revolving Loan Fund were spent during the preceding fiscal year in each county and incorporated municipality, the number of freight rail service projects constructed, and the cost of each project.
MS Code § 57-44-11 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-11. Resolution of necessity for issuance of state general obligation bonds; powers and duties of State Bond Commission as issuing agent; limitation on bonds; disposition of proceeds of sale of bonds and investment earnings generally

  The State Bond Commission, at one time, or from time to time, may declare by resolution the necessity for issuance of general obligation bonds of the State of Mississippi to provide funds for all costs incurred or to be incurred for the purposes described in Section 57-44-7. Upon the adoption of a resolution by the Mississippi Development Authority, declaring the necessity for the issuance of any part or all of the general obligation bonds authorized by this section, the Mississippi Development Authority shall deliver a certified copy of its resolution or resolutions to the State Bond Commission. Upon receipt of such resolution, the State Bond Commission, in its discretion, may act as the issuing agent, prescribe the form of the bonds, advertise for and accept bids, issue and sell the bonds so authorized to be sold and do any and all other things necessary and advisable in connection with the issuance and sale of such bonds. The total amount of bonds issued under Sections 57-44-11 through 57-44-39 shall not exceed Eighteen Million Dollars ($18,000,000.00).   Proceeds from the sale of bonds shall be deposited in the special fund created in Section 57-44-7. Any investment earnings on amounts deposited into the special fund created in Section 57-44-7 shall be used to pay debt service on bonds issued under Sections 57-44-11 through 57-44-39, in accordance with the proceedings authorizing issuance of such bonds.
MS Code § 57-44-13 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-13. Interest rates, maturity, and form of bonds

 The principal of and interest on the bonds authorized under Section 57-44-11 shall be payable in the manner provided in this section. Such bonds shall bear such date or dates, be in such denomination or denominations, bear interest at such rate or rates (not to exceed the limits set forth in Section 75-17-101, Mississippi Code of 1972), be payable at such place or places within or without the State of Mississippi, shall mature absolutely at such time or times not to exceed twenty-five (25) years from date of issue, be redeemable before maturity at such time or times and upon such terms, with or without premium, shall bear such registration privileges, and shall be substantially in such form, all as shall be determined by resolution of the State Bond Commission.
MS Code § 57-44-15 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-15. Execution of bonds and interest coupons

 The bonds authorized by Section 57-44-11 shall be signed by the Chairman of the State Bond Commission, or by his facsimile signature, and the official seal of the commission shall be affixed thereto, attested by the Secretary of the State Bond Commission. The interest coupons, if any, to be attached to such bonds may be executed by the facsimile signatures of such officers. Whenever any such bonds shall have been signed by the officials designated to sign the bonds who were in office at the time of such signing but who may have ceased to be such officers before the sale and delivery of such bonds, or who may not have been in office on the date such bonds may bear, the signatures of such officers upon such bonds and coupons shall nevertheless be valid and sufficient for all purposes and have the same effect as if the person so officially signing such bonds had remained in office until their delivery to the purchaser, or had been in office on the date such bonds may bear. However, notwithstanding anything herein to the contrary, such bonds may be issued as provided in the Registered Bond Act of the State of Mississippi.
MS Code § 57-44-17 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-17. Bonds and interest coupons deemed negotiable instruments; compliance with Uniform Commercial Code by Sate Bond Commission

 All bonds and interest coupons issued under the provisions of Sections 57-44-11 through 57-44-39 shall have all the qualities and incidents of negotiable instruments under the provisions of the Uniform Commercial Code, and in exercising the powers granted by this chapter, the State Bond Commission shall not be required to and need not comply with the provisions of the Uniform Commercial Code.
MS Code § 57-44-19 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-19. Issuance and sale of bonds by State Bond Commission; form and details of bonds; payment of interest on bonds generally

 The State Bond Commission shall act as the issuing agent for the bonds authorized under Section 57-44-11, prescribe the form of the bonds, advertise for and accept bids, issue and sell the bonds so authorized to be sold, pay all fees and costs incurred in such issuance and sale, and do any and all other things necessary and advisable in connection with the issuance and sale of such bonds. The State Bond Commission is authorized and empowered to pay the costs that are incident to the sale, issuance and delivery of the bonds authorized under Sections 57-44-11 through 57-44-39 from the proceeds derived from the sale of such bonds. The State Bond Commission shall sell such bonds on sealed bids at public sale, and for such price as it may determine to be for the best interest of the State of Mississippi, but no such sale shall be made at a price less than par plus accrued interest to the date of delivery of the bonds to the purchaser. All interest accruing on such bonds so issued shall be payable semiannually or annually; however, the first interest payment may be for any period of not more than one (1) year.   Notice of the sale of any such bond shall be published at least one (1) time, not less than ten (10) days before the date of sale, and shall be so published in one or more newspapers published or having a general circulation in the City of Jackson, Mississippi, and in one or more other newspapers or financial journals with a national circulation, to be selected by the State Bond Commission.   The State Bond Commission, when issuing any bonds under the authority of Sections 57-44-11 through 57-44-39, may provide that bonds, at the option of the State of Mississippi, may be called in for payment and redemption at the call price named therein and accrued interest on such date or dates named therein.
MS Code § 57-44-21 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-21. Payment of principal and interest on bonds

 The bonds issued under the provisions of Sections 57-44-11 through 57-44-39 are general obligations of the State of Mississippi, and for the payment thereof the full faith and credit of the State of Mississippi is irrevocably pledged. If the funds appropriated by the Legislature are insufficient to pay the principal of and the interest on such bonds as they become due, then the deficiency shall be paid by the State Treasurer from any funds in the State Treasury not otherwise appropriated. All such bonds shall contain recitals on their faces substantially covering the provisions of this section.
MS Code § 57-44-23 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-23. Disposition of proceeds from sale of bonds

 Upon the issuance and sale of bonds under the provisions of Sections 57-44-11 through 57-44-39, the State Bond Commission shall transfer the proceeds of any such sale or sales to the special fund created in Section 57-44-7. The proceeds of such bonds shall be disbursed solely upon the order of the Department of Economic and Community Development under such restrictions, if any, as may be contained in the resolution providing for the issuance of the bonds.
MS Code § 57-44-25 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-25. Requirements for issuance of bonds; adoption and effectiveness of resolution for issuance of bonds

 The bonds authorized under Sections 57-44-11 through 57-44-39 may be issued without any other proceedings or the happening of any other conditions or things other than those proceedings, conditions and things which are specified or required by Sections 57-44-11 through 57-44-39. Any resolution providing for the issuance of bonds under the provisions of Sections 57-44-11 through 57-44-39 shall become effective immediately upon its adoption by the State Bond Commission, and any such resolution may be adopted at any regular or special meeting of the State Bond Commission by a majority of its members.
MS Code § 57-44-27 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-27. Validation of bonds

 The bonds authorized under the authority of Sections 57-44-11 through 57-44-39 may be validated in the Chancery Court of the First Judicial District of Hinds County, Mississippi, in the manner and with the force and effect provided by Chapter 13, Title 31, Mississippi Code of 1972, for the validation of county, municipal, school district and other bonds. The notice to taxpayers required by such statutes shall be published in a newspaper published or having a general circulation in the City of Jackson, Mississippi.
MS Code § 57-44-29 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-29. Enforcement of rights of holders of bonds or coupons

 Any holder of bonds issued under the provisions of Sections 57-44-11 through 57-44-39 or of any of the interest coupons pertaining thereto may, either at law or in equity, by suit, action, mandamus or other proceeding, protect and enforce any and all rights granted under Sections 57-44-11 through 57-44-39, or under such resolution, and may enforce and compel performance of all duties required by Sections 57-44-11 through 57-44-39 to be performed, in order to provide for the payment of bonds and interest thereon.
MS Code § 57-44-31 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-31. Bonds deemed legal investments and securities

 All bonds issued under the provisions of Sections 57-44-11 through 57-44-39 shall be legal investments for trustees and other fiduciaries, and for savings banks, trust companies and insurance companies organized under the laws of the State of Mississippi, and such bonds shall be legal securities which may be deposited with and shall be received by all public officers and bodies of this state and all municipalities and political subdivisions for the purpose of securing the deposit of public funds.
MS Code § 57-44-33 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-33. Exemption from taxation of bonds

 Bonds issued under the provisions of Sections 57-44-11 through 57-44-39 and income therefrom shall be exempt from all taxation in the State of Mississippi.
MS Code § 57-44-35 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-35. Use of proceeds of bonds

 The proceeds of the bonds issued under Sections 57-44-11 through 57-44-39 shall be used solely for the purposes herein provided, including the costs incident to the issuance and sale of such bonds.
MS Code § 57-44-37 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-37. Requests for and issuance of warrants for payments on bonds; transfer of funds by State Treasurer

 The State Treasurer is authorized to certify to the Department of Finance and Administration the necessity for warrants, and the Executive Director of the Department of Finance and Administration is authorized and directed to issue such warrants, in such amounts as may be necessary to pay when due the principal of, premium, if any, and interest on, or the accreted value of, all bonds issued under Sections 57-44-11 through 57-44-39; and the State Treasurer shall forward the necessary amount to the designated place or places of payment of such bonds in ample time to discharge such bonds, or the interest thereon, on the due dates thereof.
MS Code § 57-44-39 (2020)
2020 Mississippi Code|Title 57 - Planning, Research and Development|Chapter 44 - Local Governments Freight Rail Service Projects|§ 57-44-39. Construction of chapter

 Sections 57-44-11 through 57-44-39 shall be deemed to be full and complete authority for the exercise of the powers herein granted, but this chapter shall not be deemed to repeal or to be in derogation of any existing law of this state.