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MS HB1323

Bill

Status

Failed

1/31/2017

Primary Sponsor

Greg Haney

Click for details

Origin

House of Representatives

2017 Regular Session

AI Summary

  • 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.

  • Maintains the $250,000 maximum bond authorization and the July 1, 2011 deadline after which no new bonds may be issued.

  • 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.

  • Retains all existing provisions governing bond issuance, debt service, payment terms, and the State's full faith and credit pledge to repay the bonds.

  • 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

Committee Referrals

Ways and Means1/16/2017

Full Bill Text

No bill text available