MS HB1653

Authorizes issuance of up to $12 million in state general obligation bonds to fund repairs, renovations, and capital improvements at Mississippi state parks

Creates the "2017 State Parks Repair, Renovation and Capital Improvements Fund" within the State Treasury to hold bond proceeds, with unexpended funds carrying over between fiscal years

Funds may be used for capital facilities, dam repairs, roofing, wastewater systems, water well mandates, and other facility maintenance at parks managed by the Mississippi Department of Wildlife, Fisheries and Parks

Bonds must be issued before July 1, 2021, with maximum maturity of 25 years from date of issue

Bonds and income from them are exempt from all Mississippi state taxation and are backed by the full faith and credit of the state