MS SB2472

Authorizes issuance of up to $600,000 in state general obligation bonds to fund the restoration and renovation of the Scott Ford Midwife Houses in downtown Jackson, Mississippi

Creates the "2021 Scott Ford Midwife Houses Restoration and Renovation Fund" as a special fund within the State Treasury, with unexpended amounts and interest earnings remaining in the fund rather than lapsing to the General Fund

Bonds may be issued until July 1, 2025, with a maximum maturity of 25 years from the date of issue

Bonds are backed by the full faith and credit of the State of Mississippi and are exempt from all state taxation

Department of Finance and Administration has discretion over disbursement of funds, and any remaining amounts after project completion or abandonment must be applied to bond debt service