Loading chat...

MS HB1516

Bill

Official Source

Status

Failed

2/23/2022

Primary Sponsor

John Hines

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Authorizes issuance of up to $150,000 in state general obligation bonds to assist the Town of Metcalfe, Mississippi, with repair and renovation of the town park

  • Creates the "2022 Town of Metcalfe Park Repair and Renovation Fund" as a special fund within the State Treasury to hold and disburse bond proceeds

  • Bonds may have a maximum maturity of 25 years and are backed by the full faith and credit of the State of Mississippi

  • Bond proceeds and interest income are exempt from all Mississippi state taxation

  • No bonds may be issued under this act after July 1, 2026

Legislative Description

Bonds; authorize issuance to assist Town of Metcalfe in paying costs of repair and renovation of town park.

Last Action

Died In Committee

2/23/2022

Committee Referrals

Ways and Means1/17/2022

Full Bill Text

No bill text available