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MS HB133
Bill
Status
2/2/2021
Primary Sponsor
Stephen Horne
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AI Summary
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Amends Mississippi Code sections 19-9-11, 19-9-13, and 21-33-307 to mandate that county boards of supervisors and municipal governing authorities must hold an election before issuing any bonds.
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Removes the provision allowing bonds to be issued without an election if fewer than 20% of county electors (or 1,500, whichever is less) file a written protest.
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Removes the provision allowing bonds to be issued without an election if fewer than 10% of municipal electors (or 1,500, whichever is less) file a written protest.
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Requires the same notice and publication procedures for bond elections, including publishing notice once weekly for three consecutive weeks in newspapers and posting at three public places.
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Takes effect July 1, 2021.
Legislative Description
Bonds; mandate election on issue of county or municipal bonds.
Last Action
Died In Committee
2/2/2021