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MS HB1445
Bill
Status
2/24/2021
Primary Sponsor
Jody Steverson
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AI Summary
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Authorizes issuance of up to $15,000,000 in state general obligation bonds for the Mississippi Ports Improvements Fund, with proceeds deposited into the fund created under Section 57-1-731 and bonds to be issued by July 1, 2025.
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Authorizes issuance of up to $1,200,000 in state general obligation bonds to assist Rankin County in paying costs for construction, right-of-way acquisition, utilities relocation, and other expenses related to completing the Andrew Chapel Road Improvement Project, with bonds to be issued by July 1, 2025.
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Establishes a special fund designated "2021 Rankin County - Andrew Chapel Road Improvement Project Fund" within the State Treasury to receive bond proceeds, with unexpended amounts remaining after project completion to be applied to debt service on the bonds.
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Brings forward sections 77-17-3 through 77-17-15 of the Mississippi Broadband Enabling Act regarding electric cooperatives' authority to establish broadband services, charge fair fees, maintain service reliability, and conduct compliance audits.
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Takes effect July 1, 2021.
Legislative Description
Bonds; authorize issuance for Mississippi Ports Improvements Fund and to assist Rankin County with improvements to Andrew Chapel Road.
Last Action
Died On Calendar
2/24/2021