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MS SB3048
Bill
AI Summary
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Authorizes issuance of up to $350,000 in state general obligation bonds to fund repair and renovation of the Chickasaw County courthouse in Houston, Mississippi
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Creates the "2021 Chickasaw County Houston Courthouse Repair and Renovation Fund" within the State Treasury to receive and disburse bond proceeds
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Bonds must be issued by July 1, 2025, with a maximum maturity of 25 years from date of issue
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Bonds are backed by the full faith and credit of the State of Mississippi, with bonds and income exempt from all state taxation
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Department of Finance and Administration has discretion over disbursement of funds to the Chickasaw County Board of Supervisors for the courthouse project
Legislative Description
Bonds; authorize issuance to assist Chickasaw County in paying costs of repair and renovation of Houston courthouse.
Last Action
Died In Committee
2/24/2021