Loading chat...
MS HB920
Bill
Status
6/3/2020
Primary Sponsor
Abe Hudson
Click for details
AI Summary
-
Authorizes issuance of up to $1,500,000 in state general obligation bonds, with no bonds to be issued after July 1, 2024.
-
Creates the "2020 North Bolivar Consolidated School District Improvements Fund" within the State Treasury to receive and disburse bond proceeds.
-
Allocates up to $750,000 for repair, renovation, rehabilitation and/or replacement of HVAC and water/plumbing systems at Broad Street High School.
-
Allocates up to $750,000 for upgrades to the vocational and technical education program at John F. Kennedy Memorial High School.
-
Pledges the full faith and credit of the State of Mississippi for bond repayment, with bonds exempt from state taxation and eligible as legal investments for fiduciaries and financial institutions.
Legislative Description
Bonds; authorize issuance to assist the North Bolivar Consolidated School District with making improvements to certain schools.
Last Action
Died In Committee
6/3/2020