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MS SB2710

Bill

Status

Failed

2/24/2021

Primary Sponsor

John Horhn

Click for details

Origin

Senate

2021 Regular Session

AI Summary

  • Authorizes issuance of up to $5,000,000 in state general obligation bonds to fund improvements at Hawkins Field Airport in Jackson, Mississippi

  • Creates the "2021 Jackson Municipal Airport Authority Hawkins Field Airport Improvements Fund" within the State Treasury to hold and disburse bond proceeds

  • Funds may be used for land acquisition, planning, design, construction, preservation and renovation of the historic terminal building, relocation of the airport entrance, and other facility upgrades

  • Bonds must be issued before July 1, 2025, and mature within 25 years from date of issue, with interest rates subject to statutory limits

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

Legislative Description

Bonds; authorize issuance for improvements at Hawkins Field Airport in Jackson.

Last Action

Died In Committee

2/24/2021

Committee Referrals

Finance1/18/2021

Full Bill Text

No bill text available