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MS SB2453
Bill
AI Summary
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Increases the maximum authorized general obligation bonds from $3,000,000 to $5,000,000 for the Concourse Workforce Training Center in Batesville, Mississippi
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Funds are designated for repair, renovation, and other improvements to buildings and related facilities to house the workforce training center
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Bonds must be issued before July 1, 2023 and cannot exceed 25 years from date of issue
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A special fund called the "2019 Concourse Workforce Training Center" is maintained in the State Treasury, with unexpended amounts carrying over between fiscal years
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Bonds are general obligations of the State of Mississippi backed by the full faith and credit of the state, and are exempt from all state taxation
Legislative Description
Bonds; increase authorized amount for improvements to facilities to house Concourse Workforce Training Center.
Last Action
Died In Committee
2/24/2021