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MS SB3094
Bill
Status
Failed
2/23/2022
Primary Sponsor
Barbara Blackmon
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AI Summary
- Authorizes issuance of up to $900,000 in state general obligation bonds to assist the South Holmes Water Association with water distribution system upgrades
- Funds will cover costs for placement of metering stations and replacement of distribution lines
- Creates the "2022 South Holmes Water Association Fund" as a special fund within the State Treasury to hold bond proceeds
- Bonds may mature up to 25 years from date of issue and are exempt from all Mississippi state taxation
- No bonds may be issued under this act after July 1, 2026
Legislative Description
Bonds; authorize issuance to assist South Holmes Water Association in paying costs of distribution system upgrades.
Last Action
Died In Committee
2/23/2022
Committee Referrals
Finance2/17/2022
Full Bill Text
No bill text available