MS SB2902

Authorizes issuance of up to $150,000 in state general obligation bonds to assist Pontotoc County with repair, renovation, furnishing, equipping, and improvements to the W.A. Grist Building

Creates the "2021 Pontotoc County - W.A. Grist Building Fund" as a special fund within the State Treasury to receive and disburse bond proceeds

Bonds may not be issued after July 1, 2025 and must mature within 25 years from date of issue

Bonds are backed by the full faith and credit of the State of Mississippi, with the State Treasurer authorized to pay any deficiency from general treasury funds

Bonds and income from them are exempt from all Mississippi state taxation