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MS HB24
Bill
Status
Passed
7/8/2020
Primary Sponsor
John Lamar
Click for details
AI Summary
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Allows sealed bids for bond sales by Mississippi political subdivisions to be submitted in electronic form, in addition to traditional paper bids.
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Removes the requirement that banks issuing or certifying cashier's checks, certified checks, or exchanges for bidders' guaranties must be located in Mississippi.
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Permits wire transfers as an alternative form of bidder's guaranty, in addition to cashier's checks, certified checks, or exchanges.
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Exempts bond sales by the State Bond Commission and certain county project bonds from the section's requirements.
Legislative Description
Bonds; revise certain provisions regarding sale by political subdivisions and other instrumentalities.
Last Action
Approved by Governor
7/8/2020
Committee Referrals
Finance2/28/2020
Ways and Means1/24/2020
Full Bill Text
No bill text available