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MS SB2841

Bill

Official Source

Status

Passed

3/26/2022

Primary Sponsor

Josh Harkins

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Extends the reverter date for State Bond Commission authority to determine appropriate bond sale methods from June 30, 2022 to July 1, 2025.

  • Maintains State Bond Commission power to sell bonds through either sealed bids at public sale or negotiated sales, rather than requiring competitive bidding.

  • Changes deadline for bonds issued under Section 57-75-5(f)(xviii) from June 30, 2011 to June 30, 2016.

  • Changes deadline for bonds issued under Section 57-75-5(f)(xxii) from providing grants and loans to providing only loans as of July 1, 2025.

  • Takes effect July 1, 2022.

Legislative Description

State Bond Commission; exend reverter on authority to determine appropriate method for the sale of bonds.

Last Action

Approved by Governor

3/26/2022

Committee Referrals

Ways and Means2/9/2022
Finance1/17/2022

Full Bill Text

No bill text available