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MS SB2861
Bill
AI Summary
- Authorizes up to $10,000,000 in state general obligation bonds to fund capital improvements at the Mississippi State Fire Academy in Rankin County
- Allocates up to $7,000,000 specifically for construction, furnishing, and equipping of a fire station, dormitory, and state disaster staging area with related infrastructure
- Remaining funds designated for repair, renovation, rehabilitation, replacement, construction, and reconstruction of buildings, facilities, and equipment at the Fire Academy
- Creates the "2016 Mississippi State Fire Academy Capital Improvements Fund" as a special fund within the State Treasury, with unexpended amounts not lapsing to the General Fund
- Bonds must be issued before July 1, 2020, with maximum maturity of 25 years, and are exempt from all Mississippi state taxation
Legislative Description
Bonds; authorize the issuance of bonds for capital improvements at the State Fire Academy.
Last Action
Died In Committee
3/16/2016
Committee Referrals
Finance3/11/2016
Full Bill Text
No bill text available