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MS HB176

Bill

Status

Failed

2/24/2021

Primary Sponsor

Rickey Thompson

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • 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

  • Creates the "2021 Helping Hands Food Pantry Building Improvements Fund" within the State Treasury to hold and disburse bond proceeds

  • Funds will be disbursed through the City of Tupelo to the food pantry, at the discretion of the Department of Finance and Administration

  • Bonds must be issued before July 1, 2025, with a maximum maturity of 25 years from date of issue

  • 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

Committee Referrals

Ways and Means1/8/2021

Full Bill Text

No bill text available