Loading chat...
MS HB126
Bill
Status
2/27/2019
Primary Sponsor
Scott Bounds
Click for details
AI Summary
-
Authorizes issuance of up to $12,000,000 in state general obligation bonds for the Mississippi Department of Wildlife, Fisheries and Parks.
-
Bond proceeds fund repair and renovation of capital facilities, improvements, dams, roofing, wastewater and water well upgrades, and facility maintenance at state parks.
-
Bonds must be issued by July 1, 2023, with maturity dates not exceeding 25 years from issuance.
-
Creates a special "2019 State Parks Repair, Renovation and Capital Improvements Fund" in the State Treasury to hold and disburse bond proceeds under department discretion.
-
Bonds are general obligations of Mississippi with full faith and credit pledged; bond income is exempt from state taxation.
Legislative Description
Bonds; authorize issuance to provide funds for improvements at state parks.
Last Action
Died In Committee
2/27/2019