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MS SB3098
Bill
AI Summary
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Establishes a Mississippi Civil Rights Museum Advisory Commission comprised of representatives from state universities, the Department of Archives and History, tourism authority, civil rights organizations, and gubernatorial/legislative appointees to advise on the Civil Rights Museum.
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Authorizes issuance of $30,000,000 in general obligation bonds: $15,000,000 for the Mississippi Civil Rights Museum and $15,000,000 for the new Museum of Mississippi History in Jackson.
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Requires proof that at least $15,000,000 in private, local, or federal funds have been irrevocably dedicated to the projects before any bonds can be issued.
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Creates a special fund for bond proceeds to be used solely for museum construction, planning, artifact acquisition, design, furnishing, and equipping, with unexpended amounts applied to debt service.
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Pledges the full faith and credit of Mississippi to repay bonds, with maturity up to 25 years and interest rates subject to state limits.
Legislative Description
Bonds; authorize issuance to provide funds for construction of Mississippi Civil Rights Museum and Museum of Mississippi History.
Last Action
Died On Calendar
3/26/2011