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MS SB2378
Bill
Status
2/23/2022
Primary Sponsor
Angela Turner-Ford
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AI Summary
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Authorizes issuance of up to $1,000,000 in state general obligation bonds to fund capital improvements in Lowndes County Supervisor District 5
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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
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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
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Bond proceeds and interest earned are exempt from all Mississippi state taxation
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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