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MS SB2710
Bill
AI Summary
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Authorizes issuance of up to $5,000,000 in state general obligation bonds to fund improvements at Hawkins Field Airport in Jackson, Mississippi
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Creates the "2021 Jackson Municipal Airport Authority Hawkins Field Airport Improvements Fund" within the State Treasury to hold and disburse bond proceeds
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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
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Bonds must be issued before July 1, 2025, and mature within 25 years from date of issue, with interest rates subject to statutory limits
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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 issuance for improvements at Hawkins Field Airport in Jackson.
Last Action
Died In Committee
2/24/2021