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MS SB2029
Bill
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