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MS HB1393

Bill

Status

Failed

3/3/2020

Primary Sponsor

Jarvis Dortch

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • 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.

  • 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.

  • 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.

  • 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.

  • 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

Committee Referrals

Ways and Means2/17/2020

Full Bill Text

No bill text available