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MS SB2936
Bill
AI Summary
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Authorizes issuance of up to $1,300,000 in state general obligation bonds to fund the Delta Blues Museum in Clarksdale, Mississippi
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Creates the "2017 Delta Blues Museum Fund" within the State Treasury to hold bond proceeds, with funds managed by the Department of Finance and Administration
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Bond proceeds may be used for acquisition, storage, and relocation of artifacts; design, fabrication, and installation of permanent exhibits; and development of associated films and interactive components
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Bonds must be issued before July 1, 2021, with a maximum maturity of 25 years from date of issue
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Bonds and income from them are exempt from all Mississippi state taxation and are backed by the full faith and credit of the state
Legislative Description
Bonds; authorize the issuance of general obligation bonds to assist Delta Blues Museum's installation of permanent exhibits.
Last Action
Died In Committee
2/22/2017