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MS HB1393
Bill
Status
3/3/2020
Primary Sponsor
Jarvis Dortch
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AI Summary
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Allocates $600,000 annually from the Capitol Complex Improvement District Project Fund to Hinds County: $250,000 to the District Attorney's office for additional assistant prosecutors, $250,000 to the Public Defender's office for additional assistant public defenders, and $100,000 for a reentry program.
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Authorizes issuance of up to $4,000,000 in general obligation state bonds (with deadline of July 1, 2024) to assist the City of Jackson in funding construction, furnishing, and equipping of a real-time crime prevention center.
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Establishes a "2020 City of Jackson Crime Prevention Center Construction Fund" within the State Treasury to receive bond proceeds and disburse them for the crime center project.
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Makes debt service on the authorized bonds payable primarily from Capitol Complex Improvement District Project Fund revenues, with full faith and credit of the state pledged as backup.
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Bonds mature within 25 years, are exempt from state taxation, and qualify as legal investments for state trustees, fiduciaries, and financial institutions; takes effect July 1, 2020.
Legislative Description
Capitol Complex Improvement District Project Fund; revise purposes for which certain monies may be used.
Last Action
Died In Committee
3/3/2020