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MS SB2748
Bill
AI Summary
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Authorizes issuance of up to $250,000 in state general obligation bonds to assist Clarke County, Mississippi with purchasing and maintaining paper ballot voting equipment
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Creates the "2022 Clarke County Paper Ballot Equipment Fund" as a special fund within the State Treasury, separate from the General Fund
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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 state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions
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No bonds may be issued under this act after July 1, 2026
Legislative Description
Bonds; authorize to assist Clarke County in purchase and maintenance of equipment supporting voting by paper ballots.
Last Action
Died In Committee
2/23/2022