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MS HB175

Bill

Status

Passed

3/17/2022

Primary Sponsor

Gregory Holloway

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • 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

  • Maintains the total bond authorization limit of $750,000 in general obligation bonds for the project

  • Bonds must be issued before July 1, 2025, and may have a maturity period of up to 25 years from the date of issue

  • 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

  • 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

Committee Referrals

Finance2/17/2022
Ways and Means1/4/2022

Full Bill Text

No bill text available