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MS HB134
Bill
Status
2/22/2023
Primary Sponsor
Bryant Clark
Click for details
AI Summary
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Authorizes issuance of up to $2,500,000 in state general obligation bonds to assist Holmes County Consolidated School District with constructing a football stadium, related facilities, and purchasing real property for the project
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Creates the "2023 Holmes County Consolidated School District Football Stadium Construction Fund" within the State Treasury to hold bond proceeds, with funds remaining separate from the General Fund
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Bonds may have a maximum maturity of 25 years from date of issue, with interest payable semiannually or annually
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Bonds and income from them are exempt from all state taxation and are backed by the full faith and credit of the State of Mississippi
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No bonds may be issued under this act after July 1, 2027
Legislative Description
Bonds; authorize issuance to assist the Holmes County Consolidated School District with construction of a football stadium.
Last Action
Died In Committee
2/22/2023