MS HB1330

Authorizes issuance of state general obligation bonds not to exceed $204,000 to assist the Town of Woodland, Mississippi, with costs for expansion and additions to the Woodland Clinic.

Creates a special fund designated "2021 Town of Woodland - Woodland Clinic Expansion Fund" within the State Treasury to receive bond proceeds and disburse funds for the clinic project.

Grants the State Bond Commission authority to issue bonds at interest rates not exceeding limits in Mississippi Code Section 75-17-101, with maturity dates not to exceed 25 years from issuance.

Specifies that no bonds may be issued after July 1, 2025, and any remaining funds after project completion shall be applied to pay debt service on the bonds.

Pledges the full faith and credit of Mississippi to guarantee payment of principal and interest, with the State Treasurer authorized to issue warrants from the General Fund if appropriated funds are insufficient.