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MS SB2052

Bill

Status

Failed

2/24/2021

Primary Sponsor

Joseph Thomas

Click for details

Origin

Senate

2021 Regular Session

AI Summary

  • 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

  • Creates the "2021 Rolling Fork Civic and Event Center Improvements Fund" within the State Treasury to receive and disburse bond proceeds

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

  • State Bond Commission will oversee bond issuance, including determining sale method, form, and terms of the bonds

  • 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

Committee Referrals

Finance1/5/2021

Full Bill Text

No bill text available