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MS HB1652
Bill
Status
Failed
2/22/2023
Primary Sponsor
Orlando Paden
Click for details
AI Summary
- Authorizes issuance of state general obligation bonds not to exceed $300,000 to assist the City of Clarksdale with improvements to Martin Luther King Park
- Bond proceeds shall fund construction, repair, renovation, and improvements including tennis courts, skate ramp, aquatic center, amphitheater, gazebos, outdoor fitness court, playground equipment, botanical garden, walking trails with historical markers, and memorial trees
- Creates a special fund designated "2023 City of Clarksdale Martin Luther King Park Improvements Fund" within the State Treasury to receive and disburse bond proceeds
- Bonds are general obligations of the State of Mississippi with full faith and credit pledge; interest rates capped per Mississippi Code Section 75-17-101 and maturity not to exceed 25 years
- No bonds may be issued under this act after July 1, 2027; act takes effect July 1, 2023
Legislative Description
Bonds; authorize issuance to assist City of Clarksdale with improvements to Martin Luther King Park.
Last Action
Died In Committee
2/22/2023
Committee Referrals
Ways and Means2/13/2023
Full Bill Text
No bill text available