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MS HB1442
Bill
Status
2/23/2022
Primary Sponsor
Lynn Wright
Click for details
AI Summary
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Authorizes issuance of up to $563,000 in state general obligation bonds to fund repair, renovation, and restoration of the Haley Reeves House in Columbus, Mississippi
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Creates the "2022 Haley Reeves House Restoration Fund" as a special fund within the State Treasury to receive and disburse bond proceeds
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Bonds may mature up to 25 years from date of issue and are backed by the full faith and credit of the State of Mississippi
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Bonds and income from them are exempt from all state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions
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No bonds may be issued under this act after July 1, 2026, with the act taking effect July 1, 2022
Legislative Description
Bonds; authorize issuance for restoration of the Haley Reeves house in Columbus.
Last Action
Died In Committee
2/23/2022