Loading chat...

MS HB163

Bill

Status

Failed

2/21/2018

Primary Sponsor

Bryant Clark

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Authorizes issuance of up to $2,000,000 in state general obligation bonds to assist Yazoo County with repair, renovation, and restoration of the Yazoo County Courthouse.

  • Creates the "2018 Yazoo County Courthouse Improvements Fund" within the State Treasury to receive bond proceeds and disburse funds for courthouse project costs.

  • Establishes that bonds may not be issued after July 1, 2022, and have a maximum maturity of 25 years from the date of issue.

  • Pledges the full faith and credit of the State of Mississippi to guarantee bond payments, with any deficiencies paid from the State Treasury.

  • Exempts bonds and their income from all Mississippi state taxation and authorizes the State Bond Commission to manage bond issuance, sale, and administration.

Legislative Description

Bonds; authorize issuance to assist Yazoo County with renovation of county courthouse.

Last Action

Died In Committee

2/21/2018

Committee Referrals

Ways and Means1/2/2018

Full Bill Text

No bill text available