MS HB1427

Authorizes issuance of $3,000,000 in state general obligation bonds for the Mississippi Site Development Grant Fund, with bonds to be issued by July 1, 2023.

Authorizes issuance of $50,000,000 in state general obligation bonds for the ACE Fund, with bonds to be issued by July 1, 2023.

Increases the authorized amount of general obligation bonds under the Mississippi Business Investment Act by $20,000,000 (from $362,500,000 to $382,500,000) and increases bond proceeds available for equipment and public facilities grants or loans by $20,000,000 (from $69,100,000 to $89,100,000).

Increases the amount of general obligation bonds authorized under the Mississippi Major Economic Impact Act from $71,000,000 to $74,000,000 for projects designed to enhance military installation facilities at risk for closure.

Increases bonds authorized under the Economic Development Highway Act by $10,000,000 (from $367,500,000 to $377,500,000) and extends the deadline for issuing bonds for the Mississippi Industry Incentive Financing Revolving Fund from July 1, 2017 to July 1, 2025.