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MS HB762
Bill
Status
3/2/2021
Primary Sponsor
Becky Currie
Click for details
AI Summary
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Amends Chapter 492, Laws of 2020 to change the authorized use of state bonds for the Town of Wesson from paying for "parking lot repairs" to paying for "renovation, furnishing and equipping" of the Wesson Old School Visitor Center
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Maintains the existing bond cap of $300,000 in general obligation bonds that may be issued for this project
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Bonds must be issued by July 1, 2024, and may mature up to 25 years from the date of issue
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Funds are held in the "2020 Town of Wesson - Wesson Old School Visitor Center Fund" within the State Treasury, disbursed at the discretion of the Department of Finance and Administration
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Effective date of July 1, 2021
Legislative Description
Bonds; revise purposes for which bonds authorized for Town of Wesson may be used.
Last Action
Died In Committee
3/2/2021