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MS HB1323
Bill
Status
1/31/2017
Primary Sponsor
Greg Haney
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AI Summary
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Modifies the authorized purposes for bonds issued under the John C. Robinson Mississippi Aviation Museum Fund to include construction, repair, renovation, furnishing and equipping a building leased from the City of Gulfport, replacing previous language limited to architectural planning and museum consultants.
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Maintains the $250,000 maximum bond authorization and the July 1, 2011 deadline after which no new bonds may be issued.
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Preserves the special fund structure within the State Treasury maintained separately from the General Fund, with unexpended amounts and investment earnings retained in the fund.
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Retains all existing provisions governing bond issuance, debt service, payment terms, and the State's full faith and credit pledge to repay the bonds.
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Directs the Department of Finance and Administration to disburse fund monies to the John C. Robinson "Brown Condor" Association for the specified construction and renovation purposes.
Legislative Description
Bonds; revise use of proceeds of bonds authorized for the John C. Robinson Aviation Museum.
Last Action
Died In Committee
1/31/2017