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MS HB1336

Bill

Status

Failed

2/24/2021

Primary Sponsor

Cheikh Taylor

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • 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

  • 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

  • Bonds may not be issued after July 1, 2025, and must mature within 25 years from date of issue

  • The State Bond Commission serves as the issuing agent with authority to determine sale method, advertise for bids, or negotiate sales

  • 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

Committee Referrals

Ways and Means2/4/2021

Full Bill Text

No bill text available