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MS HB439

Bill

Status

Failed

2/23/2016

Primary Sponsor

Stephen Horne

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Mandates that an election must be held before county boards of supervisors issue bonds for purposes enumerated in Sections 19-9-1 and 19-9-3, removing the previous option to issue bonds without an election if no protest was filed.

  • Requires the board of supervisors to publish a resolution of intent to issue bonds once weekly for at least three consecutive weeks in a newspaper published in the county, with notice posted at three public places if no newspaper is available.

  • Mandates that municipal governing authorities hold an election before issuing bonds for purposes enumerated in Section 21-33-301, eliminating the previous provision allowing issuance without an election absent a formal protest.

  • Requires municipal clerks to publish notice of bond elections once weekly for at least three consecutive weeks in a newspaper, with the first publication at least 21 days before the election and the last no more than seven days before.

  • Takes effect July 1, 2016.

Legislative Description

Bonds; mandate election on issue of county or municipal bonds.

Last Action

Died In Committee

2/23/2016

Committee Referrals

Ways and Means2/8/2016

Full Bill Text

No bill text available