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MS SB2029

Bill

Status

Failed

6/3/2020

Primary Sponsor

Robert Jackson

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Authorizes issuance of up to $700,000 in state general obligation bonds to fund construction, furnishing, and equipping of a new building in Marks, Mississippi
  • The building will house three facilities: an emergency shelter, a community center, and Marks City Hall
  • Creates the "2020 Marks, Mississippi, Emergency Shelter/Community Center/City Hall Construction Fund" as a special fund within the State Treasury
  • Bonds must be issued before July 1, 2024, with a maximum maturity of 25 years from date of issue
  • Bonds and income from them are exempt from all state taxation and are backed by the full faith and credit of Mississippi

Legislative Description

Bonds; authorize to assist Marks, MS, in construction of building for emergency shelter, community center and city hall.

Last Action

Died In Committee

6/3/2020

Committee Referrals

Finance1/14/2020

Full Bill Text

No bill text available