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MS HB1724

Bill

Status

Failed

2/25/2022

Primary Sponsor

William Arnold

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Authorizes Mississippi to issue up to $162,915 in state general obligation bonds to assist the Town of Marietta with sewer system repairs and improvements

  • Funds will be used for repair, rehabilitation, upgrades, and improvements to the town's sewer system pumps, lift stations, and related facilities

  • Creates the "2022 Town of Marietta Sewer System Fund" within the State Treasury to receive and disburse bond proceeds

  • 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

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

Legislative Description

Bonds; authorize issuance to assist Town of Marietta with sewer system improvements.

Last Action

Died In Committee

2/25/2022

Committee Referrals

Ways and Means2/25/2022

Full Bill Text

No bill text available