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MS SB2052
Bill
AI Summary
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Authorizes issuance of up to $500,000 in state general obligation bonds to fund improvements to the Rolling Fork Civic and Event Center in Rolling Fork, Mississippi
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Creates the "2021 Rolling Fork Civic and Event Center Improvements Fund" within the State Treasury to receive and disburse bond proceeds
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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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State Bond Commission will oversee bond issuance, including determining sale method, form, and terms of the bonds
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Bonds are backed by the full faith and credit of the State of Mississippi and are exempt from all state taxation
Legislative Description
Bonds; authorize issuance of general obligation bonds for improvements to Rolling Fork Civic and Event Center.
Last Action
Died In Committee
2/24/2021