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MS SB2712
Bill
AI Summary
- Authorizes Mississippi to issue up to $10,193,500 in state general obligation bonds to fund the Jackson Metro Aeroplex Infrastructure Development Project
- Creates the "2021 Jackson Municipal Airport Authority Jackson Metro Aeroplex Infrastructure Development Project Fund" in the State Treasury to hold bond proceeds
- Funds may be used for planning, design, and infrastructure construction including access roads, water, sewer, natural gas, and electrical service for the project
- Bonds must be issued before July 1, 2025, with a maximum maturity of 25 years from date of issue
- Bonds and income from them are exempt from all state taxation and are backed by the full faith and credit of Mississippi
Legislative Description
Bonds; authorize issuance to assist Jackson Municipal Airport Authority with Aeroplex Development Project.
Last Action
Died In Committee
2/24/2021
Committee Referrals
Finance1/18/2021
Full Bill Text
No bill text available