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MS SB2378

Bill

Status

Failed

2/23/2022

Primary Sponsor

Angela Turner-Ford

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Authorizes issuance of up to $1,000,000 in state general obligation bonds to fund capital improvements in Lowndes County Supervisor District 5

  • Creates the "2022 Lowndes County Supervisor District 5 Capital Improvements Fund" as a special 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

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

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

Legislative Description

Bonds; authorize to assist in paying for capital improvements for Lowndes County Supervisor District 5.

Last Action

Died In Committee

2/23/2022

Committee Referrals

Finance1/17/2022

Full Bill Text

No bill text available