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MS SB2176
Bill
AI Summary
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Authorizes issuance of up to $978,500 in state general obligation bonds to assist Sunflower County Ministerial Alliance Counseling Services (SCMACS), Inc. in constructing a transitional shelter in Indianola, Mississippi
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Creates the "2021 Sunflower County Ministerial Alliance Counseling Services Fund" within the State Treasury to hold bond proceeds, with the Department of Finance and Administration overseeing disbursements
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Transitional shelter will provide housing and empowering skills to individuals
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Bonds must be issued by 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 Mississippi and are exempt from all state taxation
Legislative Description
Bonds; authorize to assist Sunflower County Ministerial Alliance Counseling Services in constructing transitional shelter.
Last Action
Died In Committee
2/24/2021