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MS SB2983
Bill
Status
2/24/2021
Primary Sponsor
Angela Turner-Ford
Click for details
AI Summary
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Authorizes issuance of up to $500,000 in state general obligation bonds to fund road improvements in Clay County Supervisor District 2
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Creates the "2021 Clay County Supervisor District 2 Road Improvements Fund" within the State Treasury to receive and disburse bond proceeds
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Bonds may be issued at any time before July 1, 2025, with a maximum maturity of 25 years from the date of issue
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Bonds are backed by the full faith and credit of Mississippi and are exempt from all state taxation
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State Bond Commission authorized to determine bond terms, sale method, and handle all aspects of issuance and sale
Legislative Description
Bonds; authorize issuance to assist Clay County in paying costs of road improvements in Supervisor District 2.
Last Action
Died In Committee
2/24/2021