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MS HB176
Bill
Status
2/24/2021
Primary Sponsor
Rickey Thompson
Click for details
AI Summary
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Authorizes issuance of up to $20,000 in state general obligation bonds to fund repairs and renovations at Helping Hands Food Pantry's building and facilities in Tupelo, Mississippi
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Creates the "2021 Helping Hands Food Pantry Building Improvements Fund" within the State Treasury to hold and disburse bond proceeds
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Funds will be disbursed through the City of Tupelo to the food pantry, at the discretion of the Department of Finance and Administration
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Bonds must be issued before July 1, 2025, with a maximum maturity of 25 years from date of issue
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Bonds and income from them are exempt from all Mississippi state taxation and are backed by the full faith and credit of the state
Legislative Description
Bonds; authorize issuance to assist Helping Hands Food Pantry in Tupelo with repair and renovation of building.
Last Action
Died In Committee
2/24/2021