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MS HB132

Bill

Status

Failed

2/23/2022

Primary Sponsor

Orlando Paden

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Authorizes issuance of up to $1,300,000 in state general obligation bonds to fund the Delta Blues Museum in Clarksdale, Mississippi

  • Creates the "2022 Delta Blues Museum Fund" within the State Treasury to receive bond proceeds, with funds not lapsing at fiscal year end

  • Bond proceeds may be used for acquisition, storage, and relocation of artifacts, as well as design, fabrication, and installation of permanent exhibits

  • Bonds must be issued before July 1, 2026, with a maximum maturity of 25 years from date of issue

  • 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

Committee Referrals

Ways and Means1/4/2022

Full Bill Text

No bill text available