Loading chat...
MS HB1459
Bill
Status
Failed
2/25/2015
Primary Sponsor
Kimberly Campbell
Click for details
AI Summary
- Authorizes issuance of state general obligation bonds not to exceed $1,500,000 to fund improvements to the Jackson Zoo and Livingston Park in Jackson, Mississippi
- Creates a special "2015 Jackson Zoo/Livingston Park Improvements Fund" within the State Treasury to receive bond proceeds and disburse funds for construction, repair, renovation, and infrastructure improvements at both facilities
- Bonds must be issued by July 1, 2019, with maturity dates not to exceed 25 years from issuance and interest rates subject to state limits
- Pledges full faith and credit of the State of Mississippi to guarantee payment of principal and interest on the bonds
- Bonds and income from bonds are exempt from Mississippi state taxation and qualify as legal investments for trustees, fiduciaries, banks, and insurance companies
Legislative Description
Bonds; authorize issuance to provide funds for improvements to Jackson Zoo and Livingston Park.
Last Action
Died In Committee
2/25/2015
Committee Referrals
Ways and Means2/16/2015
Full Bill Text
No bill text available