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MS SB2756
Bill
AI Summary
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Authorizes issuance of up to $10,000,000 in state general obligation bonds to help Hinds County construct, furnish, and equip a mental and behavioral health court/collaborative and/or mental health facility
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Creates the "2022 Hinds County Mental and Behavioral Health Court/Collaborative and/or Mental Health Facility Construction Fund" as a special fund within the State Treasury to hold bond proceeds
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Bonds may mature up to 25 years from date of issue and must be issued before July 1, 2026
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Department of Finance and Administration has discretion over disbursement of funds to the Hinds County Board of Supervisors for the project
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Bonds are backed by the full faith and credit of the State of Mississippi and are exempt from all state taxation
Legislative Description
Bonds; authorize to assist Hinds County pay for construction of mental and behavioral health court/collaborative facility.
Last Action
Died In Committee
2/23/2022