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MS HB1336
Bill
Status
2/24/2021
Primary Sponsor
Cheikh Taylor
Click for details
AI Summary
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Authorizes issuance of up to $390,000 in state general obligation bonds to assist the City of Starkville, Mississippi, with the Northside Drive Paved Channel Project
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Creates the "2021 City of Starkville Northside Drive Paved Channel Project Fund" as a special fund within the State Treasury, with unexpended amounts carrying over between fiscal years
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Bonds may not be issued after July 1, 2025, and must mature within 25 years from date of issue
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The State Bond Commission serves as the issuing agent with authority to determine sale method, advertise for bids, or negotiate sales
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Bonds are backed by the full faith and credit of the State of Mississippi and are exempt from all state taxation
Legislative Description
Bonds; authorize issuance to assist City of Starkville with certain drainage projects.
Last Action
Died In Committee
2/24/2021