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MS HB132
Bill
Status
2/23/2022
Primary Sponsor
Orlando Paden
Click for details
AI Summary
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Authorizes issuance of up to $1,300,000 in state general obligation bonds to fund the Delta Blues Museum in Clarksdale, Mississippi
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Creates the "2022 Delta Blues Museum Fund" within the State Treasury to receive bond proceeds, with funds not lapsing at fiscal year end
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Bond proceeds may be used for acquisition, storage, and relocation of artifacts, as well as design, fabrication, and installation of permanent exhibits
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Bonds must be issued before July 1, 2026, with a maximum maturity of 25 years from date of issue
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Bonds and income from them are exempt from all Mississippi state taxation and constitute legal investments for trustees, fiduciaries, and financial institutions
Legislative Description
Bonds; authorize issuance to assist the Delta Blues Museum with installation of permanent exhibits.
Last Action
Died In Committee
2/23/2022