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MS HB175
Bill
Status
3/17/2022
Primary Sponsor
Gregory Holloway
Click for details
AI Summary
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Amends Section 69, Chapter 480, Laws of 2021 to expand the authorized uses of state bond proceeds for the City of Hazlehurst, Mississippi, to include "furnishing and equipping" the community center/emergency storm shelter, in addition to construction costs
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Maintains the total bond authorization limit of $750,000 in general obligation bonds for the project
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Bonds must be issued before July 1, 2025, and may have a maturity period of up to 25 years from the date of issue
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Creates the "2021 City of Hazlehurst - Community Center/Emergency Storm Shelter Fund" within the State Treasury as a special fund separate from the General Fund
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Effective date of July 1, 2022
Legislative Description
Bonds; revise purposes for which bonds authorized for City of Hazlehurst may be used.
Last Action
Approved by Governor
3/17/2022