Loading chat...

MS HB440

Bill

Status

Failed

2/24/2021

Primary Sponsor

John Faulkner

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Authorizes issuance of up to $600,000 in state general obligation bonds to assist Holly Springs, Mississippi with repair, renovation, and restoration of the former Holly Springs Water and Light Plant building

  • Converted building will serve as a welcome center and/or museum with related facilities

  • Creates the "2021 City of Holly Springs Water and Light Plant Building Repair and Renovation Fund" within the State Treasury to hold bond proceeds

  • Bonds must be issued before July 1, 2025, and must mature within 25 years from date of issue

  • Bonds are tax-exempt in Mississippi and backed by the full faith and credit of the state

Legislative Description

Bonds; authorize issuance to assist City of Holly Springs with restoration of former Holly Springs Water and Light Plant Building.

Last Action

Died In Committee

2/24/2021

Committee Referrals

Ways and Means1/18/2021

Full Bill Text

No bill text available