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MS HB241
Bill
Status
2/24/2021
Primary Sponsor
Bryant Clark
Click for details
AI Summary
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Authorizes issuance of up to $2,000,000 in state general obligation bonds to assist Yazoo County with repair, renovation, and restoration of the Yazoo County Courthouse
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Creates the "2021 Yazoo County Courthouse Improvements Fund" within the State Treasury as a special fund separate from the General Fund, with unexpended amounts and interest earnings remaining in the fund
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Bonds must be issued before July 1, 2025, and mature within 25 years from date of issue
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Bonds are backed by the full faith and credit of the State of Mississippi, with bonds and income from them exempt from all state taxation
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Department of Finance and Administration has discretion over disbursement of funds, and any remaining amounts after project completion or abandonment will be applied to bond debt service
Legislative Description
Bonds; authorize issuance to assist Yazoo County with renovation of county courthouse.
Last Action
Died In Committee
2/24/2021